The Business Times, 29 April 1994

Microfilm: NL19363
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    14 1 Business Times It 7: k\()U ASIA MITA(P) 010/12/93 Friday April 29 1994 75 c
    14 words
  • 2am LATEST
    • Article
      Lock icon Dow down 22 points in early afternoon
      74 1 Reuter NEW YORK Blue-chip stocks fell yesterday as new data on the economy showed that inflation pressures were unexpectedly high in the first three months of the year. At lpm EDT, in the broader market, declining issues led advances 10-9 on active trading
      Reuter  -  74 words
    • Article
      Lock icon US trade office delays release of violator list
      40 1 Reuter WASHINGTON The office of US Trade Representative Mickey Kantor has cancelled a news conference slated for today to release an annual list of nations that it considers violate certain fair-trade practices.
      Reuter  -  40 words
  • Article
    MARKET SUMMARY
    163 1 Stock market indices Thursday Change STII 2,304.64 +13.93 KLSE Comp 1.055.34 1.99 Nikkei 19,725.25 -3.90 Hang Seng 9,163.09 +49.84 SET Index 1.271.14 -3.57 Jakarta Comp 465.28 +3.55 CLSA China B 984.42 +2.26 Aust All Ord 2,069.1 +9.4 FTSE 100 3,129.90 -20.1 Thursday Previous 2pm close Dow Jones 3.676.93
    163 words
  • Article
    Indonesia bans listing of Djajanti timber unit
    710 1  -  Company failed to meet concession terms: Forestry Ministry From Maggie Ford in JAKARTA THE Indonesian Forestry Ministry, in a surprise move, has banned the public listing of a timber subsidiary of the Djajanti Group for failing to meet forestry concession terms. Forestry Minister
    710 words
  • Article
    Wing Tai's offer for YHS too low at $3.33 a share, say analysts
    372 1  -  By Abdul Hadhi SINGAPORE Wing Tai's takeover offer for food and beverage maker Yeo Hiap Seng is too low at $3.33 a share, market players said last night. Analysts and fund managers questioned by Business Times tended
    372 words
  • Article
    Regional markets finish mixed ahead of holidays
    134 1 SINGAPORE The region's stock markets ended mixed yesterday ahead of the coming holidays. The Singapore Straits limes Industrials Index rose 13.93 points to 2,304.64 when sentiment was boosted b\ a sudden demand for property stocks in the afternoon. Brokers said that investors chased
    134 words
  • Article
    Singapore domestic non-oil exports grew 16pc in March
    482 1  -  By Genevieve Cua SINGAPORE Domestic non-oil exports rose 16 per cent in real terms in March, bringing the sector's average growth for the quarter to 17.5 per cent over the same period last year. The performance of nonoil domestic exports exceeded most
    482 words
  • Article, Illustration
    Lock icon S'pore govt to offer residential land on 60-year leases
    460 1  -  By Lilian Ang, Sylvia Wong SINGAPORE The government is to release residential sites near industrial estates on 60-year leases. The surprise announcement yesterday saw prices of property counters moving sharply as investors rushed to interpret the effect of the move on
    Source: Bloomberg  -  460 words
  • Article
    Two new schemes to house foreign workers, Keppel likely to be first to benefit
    288 1 SINGAPORE The Mimsm of National Development (MND) has introduced two schemes aimed at providing housing for Singapore's large pool of foreign workers. The schemes will see land on 30-year leases being made available to companies to
    288 words
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      119 1 MADi !N l-MiLAND^^^^ US first quarter growth down sharply to 2.6 pc, Pg 18 CONTENTS News Companies S DOfe News 2 S poreM'sia 19.21 News 3.4.5 Financial 23.24 World News 7.8.9 Features Markets Analysts 17 Clob KLSE. SES 28 30 Editorial 16 Regional 26.27 Sports 10.11 World 26 TV Lifestyle
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      Page 1 Advertisements Column 2
      21 1 Advertising Marketing: Pg is Top 10 ad agencies in Singapore US first quarter growth down sharply to 2.6 pc, Pg 18
      21 words
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      Page 1 Advertisements Column 3
      13 1 Hock Lock Siew: pg 19 Asiatic Bhd's landbank la. Full reports, Pgs 26-30
      13 words
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      Page 1 Advertisements Column 4
      73 1 Thbßottom Line: Pg is legacy H depuis 1921 n** oLEDGERo I (Tel *****13) W l>l *l*LhiL!^ ft made in France Petite Centrepomt *****80) Takashimaya Dept Store Level 3 Galenes Latayene S'ngapce and seteaed retail outlets US ~Jt j^^i f H I i C t i •*M Is m Ermenegildo Zegna
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      Page 1 Advertisements Column 5
      9 1 I RA industrial sites up for tender. Pg 2
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  • SINGAPORE NEWS
    • Article, Illustration
      TDB opening 6 new regional offices to help firms venture abroad
      330 2  -  By Genevieve Cua THE Trade Development Board will open as many as six new offices in the region in the next three years. TDB chief executive officer Barry Desker said yesterday the offices were part of a major thrust
      330 words
    • Article
      URA industrial sites up for tender
      186 2 THE Urban Redevelopment Authority is offering two large industrial sites at Woodlands and Bedok for sale by tender. They will be sold on 60year leases on condition that development will be completed within 10 years. Successful bidders will be allowed to subdivide the sites
      186 words
    • Article
      Good workers key to more investments: Boon Yang
      219 2 A QUALI TY workforce and a flexible labour market will help Singapore to keep on attracting good investments. Labour Minister Lee Boon Vang says in his May Day message. And this, in turn, would create higher-pay jobs and boost workers' standard of
      219 words
    • Article
      Strong showing by property market in first quarter
      256 2  -  By Sylvia Wong ALMOST all sectors of the property market did well in the first three months this year, says estate agent Jones Lang Wootton in its quarterly assessment. The investment sector performed extraordinarily well, the firm says, thanks to the boost
      256 words
    • Article
      Environmental auditing cometh
      90 2 A COMMITTEE of public and private sector bodies has been formed to promote the concept of environmental auditing among companies in Singapore. The practice of such auditing. also known as environmental self-assessment, is expected to become an ISO standard in three to four years. In the past
      90 words
    • NEWS ROUNDUP
      • Article
        Electronic share application made easier
        81 2 POSBANK yesterday announced that it had simplified the electronic share application facility at its automated teller machines. From May 1, applicants for initial public offers need only to give the name of the shares, state whether they are applying for fixed price or tender tranche
        81 words
      • Article
        GST refunds for tourists
        90 2 THE Singapore Tourist Promotion Board yesterday announced that the interim measures for tourists' Goods and Services Tax refunds will be scrapped at the end of this month. Under the temporary arrangements introduced on April 2, customs officers accepted cither a letter of undertaking from the retailer
        90 words
      • Article
        Far East awarded ISO 9002
        148 2 PROPERTY MAGNATE Ng Teng Fong's Far East Organisation hMilweome the first property developer to be recognised for its effective quality management system. It has been awarded the ClDB4tsir ISO 9002 certification. In a statement yesterday, Far East said the award, which went to its project
        148 words
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Influx of tourists
        278 2  -  By A J Leow VISITOR arrivals rose 14.5 per cent in March to a monthly record of 626.988. figures from the Singapore Tourist Promotion Board showed yesterday. Except for Britain. Hongkong and India, the other seven of the top 10 source markets showed strong growth. Asean countries
        Source: STPB  -  278 words
  • Page 2 Advertisements
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      172 2 For the executive on the move, we'd like to recommend a rather more refined way of reaching the top: the Opel Vectra. An automobile with astounding aerodynamics (Cd 0.29, the lowest in its class) and a level of standard equipment not found in some, even more expensive cars; plus a
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      6 2 Q OMEGA The sign of excellence.
      6 words
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  • SOUTH-EAST ASIA
    • Article
      Medan companies face checks on minimum wages and benefits
      305 3  -  From Maggie Ford ARMY and security authorities are visiting a number of factories in the Medan region to ensure that companies are complying with government regulations on minimum wages and benefits for workers, newspaper reports said yesterday. The Medan riots, in
      305 words
    • Article, Illustration
      Lock icon New Gatt pact may boost Indon exports
      250 3 Reuter JAKARTA Indonesia said that the world General Agreement on Tariffs and Trade accord signed in Morocco this month would boost its industrial exports, but vowed to liberalise its textile sector further. Facing declining revenues from oil, Indonesia has focused efforts on boosting
      Reuter  -  250 words
    • Article
      Lock icon Thailand going slow on Afta so as not to lose out: think-tank
      282 3 Reuter BANGKOK Fear of Singapore may be eroding the enthusiasm of other nations in Asean for a trade pact that would cut tariff barriers with the region, the Thailand Development Research Institute (TDRI) said. TDRI researchers said in
      Reuter  -  282 words
    • Article
      Thai tax officers get cash perks to snare tax evaders
      219 3  -  From Loh Hui Yin in BANGKOK HOW do you ensure your tax officers watch tax evaders like a hawk? Share with them a portion of the tax receipts as an incentive. according to the Thai government. So Thailand's Revenue Department
      219 words
    • Article
      Lock icon M'sian plantations want to recruit foreign labour directly
      128 3 Knight-Ridder SINGAPORE The Malaysian plantation industry should be allowed to recruit and monitor directly the intake of foreign labour on its own, Kumpulan Guthrie chairman Abdul Khalid Ibrahim. This is to overcome a shortage of manpower. About 10 per cent of foreign
      Knight-Ridder  -  128 words
    • ASIA NOTES
      • Article
        Lock icon Indonesia-Japan group wins phone deal
        76 3 AFP JAKARTA Indonesia's state telecommunication company PT Telkom said yesterday it had awarded a US$3l million (5549.2 million) contract for the provision of 444.100 digital telephone lines to a consortium involving Japan's Sumitomo Corp. The SNH consortium groups Japan's Sumitomo Corp, PT NEC Nusantara Communications,
        AFP  -  76 words
      • Article, Illustration
        Lock icon Fighting for freedom
        39 3 Reuter HONGKONG Two Canadian Vietnamese who were refugees in Malaysia protesting yesterday against forced repatriation of Vietnamese boat people by the Hongkong government. More than 1,000 people, many of them Vietnamese, took part in the protest.
        Reuter  -  39 words
      • Article
        Lock icon Vietnam to encourage more investments
        79 3 Bloomberg Business News HANOI Vietnam's State Committee of Cooperation said it will encourage foreign investment and private sector development in the northern part of the country, the Vietnam News reported. The northern cities of Hanoi. Haiphong and Ha Long would form the nucleus of an
        Bloomberg Business News  -  79 words
    • Article
      Lock icon Philippine congress gives nod for stock tax rise
      325 3 Reuter MANILA The Philippine Congress has approved legislation increasing the tax on stock transactions and imposing taxes on initial public offerings of shares, legislators said yesterday. The stock transaction tax will be increased to V« of one per cent in the first
      Reuter  -  325 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      237 3 sSjlg ppm colour \UP HI 1 Pr 'R ?jjji?>-" I j \i IW m ™^c^) 1 \fc ill ifIHH w I mm i§ j 1 n Hewlett-Packard brings you two great ways to vibrant colour, all for the price of an office laser printer. a guarantee of reliability and quality
      237 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      HK's first quarter trade deficit rises 37pc to HK$14b
      316 4  -  From Lim Soon Neo in HONGKONG HONGKONG posted a trade deficit of HKS 13.9 billion (552.79 billion) in the first quarter of this year, up 37.6 per cent from the same period last year. Latest figures released by the Census and
      316 words
    • Article
      Lock icon Beijing says inflation under check after peaking in February
      370 4 Reuter BEIJING China yesterday claimed victory in its battle against inflation, saying it had peaked in February and prices of consumer and industrial goods were coming down. "We have achieved initial success in curbing price rises, thanks to improved market control
      Reuter  -  370 words
    • Article
      Lock icon A US$14b shortfall in China's foreign investment
      266 4 AFP BEIJING Actual foreign investment in China in the first three months of 1994 totalled USSS.4 billion (SSB.4 billion), just short of a quarter of all foreign funds promised, the C 'him Daily said yesterday. A total of US$l9.6 billion in foreign investment
      AFP  -  266 words
    • Article
      Lock icon Taiwan to punish China Airlines for spate of accidents
      362 4 AFP TAIPEI Authorities will punish Taiwan's national flag carrier China Airlines (CAL). if necessary suspending CAL operations. for its 11 accidents since 1969 including one that killed 263 people this week. Transportation and Communications Minister Liu Chaoshiung said yesterday. "After this
      AFP  -  362 words
    • CHINA WATCH
      • Article
        Lock icon Link MFN to freer trade: US author
        136 4 AFP. AP WASHINGTON The United States should link most favoured nation (MFN) status for China to trade liberalisation instead of human rights, a China expert and author of a newly released book said on Wednesday. In his book "China in the World Economy."
        AFP.; AP  -  136 words
      • Article, Illustration
        Lock icon New HK$1.000 note from Bank of China
        46 4 Reuter HONGKONG Bank of China Hongkong branch deputy general manager Or Nan-ah displaying the new HKS 1.000 banknote yesterday. A total amount of HKS3 billion (SS6IS million) of banknotes will be issued by the bank from May 2. Reuter
        Reuter  -  46 words
      • Article
        Lock icon Mahathir to visit China
        65 4 AFP BEIJING Malaysian Prime Minister Mahathir Mohamad will pay a working visit to China from May 11-13. foreign ministry spokesman Wu Jianmin said yesterday. Dr Mahathir will attend an international seminar on China's foreign trade strategy in the *****, at which Gatt director-general Peter Sutherland will
        AFP  -  65 words
      • Article
        Lock icon Taipei's first licensed futures firm opens
        107 4 Bloomberg Business News TAIPEI Taiwan's futures industry entered a new era yesterday with the opening of the country's first licensed futures company. Grand Cathay Futures Corp is the first of 14 local and nine foreign futures companies expected to open in the next several
        Bloomberg Business News  -  107 words
    • Article, Illustration
      Lock icon Five Chinese state firms set to list on NYSE after pact
      309 4 Bloomberg Business News BLIJING Five Chinese state companies are set to list on the New York Stock Exchange after Chinese and US securities regulators signed a cooperation pact yesterday. More than a year in the making, the Memorandum of
      Bloomberg Business News; Reuter  -  309 words
  • Page 4 Advertisements
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      297 4 Austria §m '95 JT/ I N G A P O R E May 1 6th 17th. 1994 200 p.m. 6.30 p.m. ANA Hotel Singapore WiMjKiOmWJIOTmWIMUSIIMUttMia For the 15ih consecutive year, leading designers and manufacturers from Austria will present the latest fashion materials and accessories to buyers and agents in South
      297 words
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      Page 4 Advertisements Column 2
      179 4 Mandarin Gardens Full-Service Accommodation 15 Siglap Road. #01 04/05. Singapore 1544 Tel: 441 2888 Fan 444 6839 A RESORT THAT'S ALSO A HOME K: 1■ Full-Service Accommodation by the Sea Mandarin Gardens offers a lot more than just a roof over your head. It's a vacation in itself. Imagine, a
      179 words
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  • REST OF ASIA
    • Article
      Lock icon Tokyo's consumer prices in March up 0.5pc from previous month
      438 5 AFP, Reuter TOKYO Japan's consumer prices in March rose 0.5 per cent from the previous month and 1.3 per cent from the year before, the Management and Coordination Agency said yesterday. An agency official said the rises were mainly due
      AFP,; Reuter  -  438 words
    • Article
      Lock icon Anti-gangster network takes on extortionists in Japan
      301 5 NYT TOKYO A network in Kumamoto Prefecture, southern Japan, is starting to win its war to eliminate organised crime syndicates accused of coercion and interfering in businesses in the region. The network faxes a newsletter to members, telling how to deal with gangsters
      NYT  -  301 words
    • Article, Illustration
      Lock icon Pakistan Lower House clears Bill to privatise huge power industry
      361 5 Reuter ISLAMABAD Pakistan's National Assembly (Lower House) on Wednesday passed an amendment allowing privatisation of one of the country's most lucrative assets, its huge power industry. The amendment to the 1958 Water and Power Development Authority (Wapda) Act eliminates a
      Reuter  -  361 words
    • Article
      Lock icon Australia urges its exporters not to ignore Indian reform
      286 5 Reuter CANBERRA Australian exporters must wake up to India's economic transformation or risk missing a chance to double exports to that country by the turn of the century, according to a government report released yesterday. "Vast new markets will emerge in
      Reuter  -  286 words
    • Article
      Lock icon Sri Lanka ready to write off farmers' loans: report
      200 5 Reuter COLOMBO The Sri Lankan government said on Wednesday it was ready to write off loans taken by rice farmers, 14 of whom have committed suicide this year as they were unable to pay back their loans. The state-run Sri Lanka
      Reuter  -  200 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      218 5 it with DHL Compare DHL door-to-door the airport, the price and service your shipments. Plus the security service with normal air freight advantage off DHL Express Freight off the most advanced shipment and it's easy to see how DHL is crystal dear. track-and-trace system there is. Express Freight can save
      218 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Thousands protest against law changes
      809 6  -  Tension in Hongkong's New Territories From Jackie Sam in HONGKONG TENSION has gripped the New Territories and community leaders are warning of riots if nothing is done to bring down the temperature. Marches and mass rallies attended by thousands are being held in all the
      809 words
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      2721 6 0 ORCHARD PARADE HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (the "Company") NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY QIVEN that an Extra**™*, General Me«ng o. Orchard Panda Holding. Account aa at the cut-off time t»h~o t»o Limited win be held at Golden Shower, Orchard Parade Hotel. 1
      2,721 words
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  • THE WORLD
    • Article
      Lock icon Trade envoys set course for launching world trade body
      486 7 Reuter GENEVA Trade envoys agreed yesterday on creation of key bodies, and the officials who will head them, to steer preparations for the launch early next year of a new and powerful World Trade Organisation. But senior diplomats said there was
      Reuter  -  486 words
    • Article
      Lock icon Orders for US durable goods up 0.4pc
      288 7 Bloomberg Business News WASHINGTON Orders for big-ticket goods rose 0.4 per cent in March as demand for iron, steel, industrial equipment and electronics powered the seventh gain in eight months. Demand for planes, vehicles and defence hardware faltered, though, the Commerce Department said
      Bloomberg Business News  -  288 words
    • Article
      Lock icon Russia predicts 9.5pc deficit in new budget plans
      424 7 Reuter, AFP MOSC OW The Russian government has published details of its revised 1994 budget plans, predicting a deficit of 9.5 per cent of gross domestic product. 64 per cent of it financed by central bank loans. The figures, presented to parliament
      Reuter,; AFP  -  424 words
    • WORLD WATCH
      • Article, Illustration
        Lock icon Everett rules the waves
        50 7 Reuter LONDON Hackv radio presenter Henny Everett gesturing' after being gi\en the "(iold Award tor outstanding contribution'' to radio o\er the years" here on Wednesday. Everett's controversial style and comic talent has been aired on the BBC and Independent radio stations since the early 70s. Reuter
        Reuter  -  50 words
      • Article
        Lock icon Bundesbank leaves rates unchanged
        59 7 Reuter FRANKFURT The Bundesbank left official rates unchanged at its council meeting yesterday, hut the decision failed to move. German financial markets which had hanked on this outcome: Few had expected the central hank to sanction a second successive reduction in the discount and Lombard rates,
        Reuter  -  59 words
      • Article
        Lock icon High price of piracy
        85 7 AFP WASHING lON Global losses from software pirac> soared to USSI2.B billion (5519.8 billion) in 1993. up from US$l2 billion a year earlier, an industry association said on Wednesday. But the Business Software Alliance's figures did not necessarily reflect an increase in pirating. Their 1993 study
        AFP  -  85 words
      • Article
        Lock icon French GDP fell 0.9pc last year
        58 7 AFP PARIS French gross domestic product declined by 0.9 per cent in 1993. the official INSEE statistical institute said on Thursday, revising downwards an earlier estimate that it had declined by 0.7 per cent. The figures, in the quarterly report, revised figures published on
        AFP  -  58 words
    • Article
      Lock icon French investors look abroad for higher returns
      365 8 Bloomberg Business News PARIS Breaking with their traditional conservatism, French investors are increasingly looking abroad to place their money. According to Europerformance, a company that measures the performance of some I,(MX) French mutual funds, fund managers invested 5.4 billion French francs (551.46 billion)
      Bloomberg Business News  -  365 words
    • Article, Illustration
      Lock icon For whom the bells were silenced
      55 8 Reuter NEW YORK Wall Street was uncharacteristically quiet on Wednesday as the shuttered doors of the New York Stock Exchange remained closed in observance of the death of a former US president. Richard Nixon died last Friday and was laid to rest in Yorba
      Reuter  -  55 words
    • Article
      Lock icon Italy's privatisations could prove thorny issue for new govt
      388 8 Reuter MILAN Privatisations, one economic policy on which virtually all political parties are agreed, threaten to become a thorny issue for Italy's next government as controversy rages over the results so far. The outgoing administration of Prime Minister Carlo Azeglio Ciampi
      Reuter  -  388 words
    • Article
      Lock icon US defence spending expected to bounce back in 1997
      324 8 Reuter ATLANTA US defence procurement spending, down 64 per cent in constant dollars since the 1985 peak, will begin to increase again in 1997 as the country takes stock of the effects on military preparedness, according to a leading industry executive.
      Reuter  -  324 words
    • Article, Illustration
      Lock icon South Africa celebrates its first day of liberation
      561 9 IHT JOHANNESBURG They voted in mud school houses under thorn trees, and in urban ghetto clinics where the usual business is the casualties of political hate, and in blue tents pitched for the day in abject shack towns. Fully citizens at last,
      IHT; Reuter  -  561 words
    • Article
      Lock icon US firms make beeline for South African market
      611 9 Reuter NEW YORK American makers of computers, telephones, clothing, drugs and other products are beating a path to a democratic South Africa to tap a market long deprived of full access to the latest technologies. Wall Street firms are also set to
      Reuter  -  611 words
  • Page 7 Advertisements
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      235 7 m w 1 i 1 li' r 1 V jT I 11 Available at a special GST-FREE, COE-GUARANTEED price of $125,000(1.8 C) and $142,000(2 *AU features listed are standard for Ghia model only mp (pMj) Th e Ford Mondeo from Germany has been voted Car of the Year 1994, Europe's
      235 words
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  • Page 8 Advertisements
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      116 8 AN INVESTMENT OPPORTUNITY IN AUSTRALIA MANUFACTURING BUSINESS FOR SALE A Brisbane manufacturing business with significant scope for market growth is available. The existing owner/manager wishes to retire. This long established family business leases a centrally located 770 square metre factory for its operations, 1994 turnover is expected to be in
      116 words
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  • Page 9 Advertisements
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      166 9 BUSINESS TIMES TOLL—FREE TEI. No 1-600-741-1883 FAX :7AI-1298 I MIfJtCRIBM I I We have a wide range of biolechnological and I I medical products available for sale: I I Medical diagnostic items from Murex, Anglican I I Biotech, Genzyme, Sigma and JRH Biosciences, I I [gf Hospital supplies such as
      166 words
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      Page 9 Advertisements Column 2
      268 9 IMPORTANT ANNOUNCEMENT COME AND SEE THE BOXER THAT KNOCKED OUT HON PA, TOYOTA, MITSUBISHI MAZDA. imi nil Packing a powerful 2-litre boxer engine, our new Lepaev is Tokyo's best selling car*. On top of this, it was voted as one of the 10 best cars in the Japan Car of
      268 words
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  • SPORTS
    • Article, Illustration
      Lock icon Golfer loses libel suit against partners
      340 10 Golf AFP AP NOTTINGHAM. England An amateur golfer lost a landmark libel suit here on Wednesday against two playing partners who had accused him of surreptitiously putting with his foot at the seventh hole of a tournament. In a case legal experts described as
      AFP; AP  -  340 words
    • Article
      Lock icon Woosnam seeks new goal in Cannes
      254 10 AP MOUGINS. France Three years ago. Lan Woosnam threw a victorious punch in the air as he celebrated his winning putt in the 1991 Masters tournament. At 33. it was the Welshman's first major title. But it did not drive him to even greater
      AP  -  254 words
    • Article, Illustration
      Lock icon Oops, it can be a pushover on ice
      42 10 Reuter MONTREAL Boston Bruins* Bryan Smolinski knocking down Patrice Brisebois of the Montreal Canadiens in play-off action on Wednesday. Boston won 3-2 and the best of seven series is tied at three apiece. Reuter
      Reuter  -  42 words
    • Article
      Lock icon South Korea aims to get past first round
      588 10 Countdown to World Cup 1994 WorldCupUSAM Reuter SEOUL South Korea will be looking for a first victory at the World Cup finals both to improve on a dismal record and because they believe it can help them in their bid to host
      Reuter  -  588 words
    • Article
      Lock icon Wimbledon defends record prize money of US$8.52m
      456 11 AP WIMBLEDON, England Wimbledon officials arc defending the prize money, a record US$B.52 million (5513.2 million), on otTer for this year's tennis championships. "Some people begrudge that type of money, but I don't have any problem with that," said All England club chairman
      AP  -  456 words
    • SPORT SHORTS
      • Article, Illustration
        Baseball
        72 11 NEW YORK Major League Wednesday American: Cleveland 12 Chicago 7 (12 innings); Minnesota 6 Milwaukee 0; Texas 11 Toronto 3: Oakland 0 Boston 1; Seattle 2 NY 12; California 1 Baltimore 13; Detroit at Kansas City (ppd). National: Florida 3 Colorado 2; Montreal 7 SF 1; Pittsburgh 3 Cincinnati
        72 words
      • Article, Illustration
        Lock icon Boxing
        81 11 AFP ATLANTA, Georgia A tiny hole was discovered on Wednesday in the heart of former heavyweight champion Evander Holy field, who retired from the ring after losing his World Boxing Association and International Boxing Federation heavyweight titles to Michael Moorer last Friday. Doctors had already discovered in post-fight examinations
        AFP  -  81 words
      • Article, Illustration
        Lock icon Golf
        117 11 AFP AP TOGOCHO, Japan Chunkhi Crowns Tournament Ist rd yesterday (Japanese unless noted): 64 Roger Mackay (Aust) 65 Peter Senior (Aust), Naomichi Ozaki 66 John Huston (US) 67 Tsuneyuki Nakajima, Masanobu Kimura. Peter McWhinney (Aust). Tomohiro Maruyama. Also: 76 Samson Gimson (Sin). AP HOUSTON, Texas John Daly's new skinhead
        AFP; AP  -  117 words
      • Article, Illustration
        Lock icon Ice hockey
        37 11 AP NEW YORK Stanley Cup Eastern Conference play-offs Wednesday: Montreal 2 Boston 3 (Best-of-seven scries tied 3-3); Washington 6 Pittsburgh 3 (Capitals win 4-2); Buffalo I New Jersey 0 (4th OT) (Series tied 3-3). AP
        AP  -  37 words
      • Article, Illustration
        Lock icon Snooker
        29 11 AP SHEFFIELD, England World championship quarter-finals (best of 25 frames) Wednesday: Darren Morgan (Wales) b John Parrott (Eng) 13-11; Steve Davis (Eng) b James Wattana (Thai) 13-9. AP
        AP  -  29 words
      • Article, Illustration
        Lock icon Tennis
        125 11 AP HAMBURG Monica Seles, who remains sidelined nearly a year af- tcr she was stabbed in the back during a tournament in Hamburg, said in a maga/inc interview that she plans to return to competition. "Of course I will play tennis again." Sports Life magazine quoted Seles as saying.
        AP  -  125 words
      • Article
        Lock icon Winter games
        92 11 AP LILLEHAMMER. Norway Thanks to the 1994 Winter Olympics. the small town of Lillchammer has a record cash surplus in its books. At the end of last year, the city of 23.000 people in south Norway had a budget surplus of U552.39 million (553.7 million the Norwegian news
        AP  -  92 words
      • Article, Illustration
        Lock icon Basketball
        118 11 AFP AFP CHICAGO, Illinois Scottic Pippen. the man who replaced Michael Jordan as leader of the reigning US basketball champions, quit practice with an injury here on Wednesday two days before the Bulls open the play-offs. He complained of nagging pain in his right thigh, which trainer Chip Schaefer
        AFP  -  118 words
    • Article, Illustration
      Lock icon Obree recaptures one-hour world record
      77 11 Reuter BORDEAUX. France Graeme Obree on Wednesday recaptured the one-hour world record when he beat the nine-month old mark set by fellow Briton Chris Board- man. Scotsman Obree covered 52.713 km on the same Bordeaux indoor track where Boardman set a mark of 52.270 km
      Reuter  -  77 words
    • Article
      Lock icon 4 big men vying for championship ring
      394 11 AP NEW YORK Three teams have won the last seven National Basketball Association titles, leaving a host of star players still looking for that elusive championship ring. The list includes the four big men David Robinson. Hakeem Olajuwon. Shaquille O'Neal and Patrick Ewing
      AP  -  394 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      1046 10 BUSINESS T I M_Jj_S rol l. 1 ki:i: n:i- No. 1-800-741-1883 lAX 741-1298 TONHOW INDUSTRIES LIMITED NOTICE IS HEREBY GIVEN THAT the Nineteenth Annual General Meeting of the Company will be held on Friday, 20 May 1994, at 9.30 am at the Boardroom, 29 Senoko South Road. Singapore 2775, for
      1,046 words
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      Page 10 Advertisements Column 2
      1162 10 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF BRI'SHWRITER CORPORATION PTE LTD (In Mfmhcn Voluntary liquidation! At an Extraordinary General Meeting of the mem hers of Brushwnter Corporation Pte Ltd duly convened and held on Tuesday IV April 1994 at 11 00 am at
      1,162 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      339 11 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 1AX:741-1298 I IN THE MATTER OF THE COMPANIES ACT, CAP. SO IN THE MATTER OF Imao Fa Systems (S) Pte Ltd (In Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS (Pursuant to Section 290(2)(b)) At an Extraordinary General Meeting of the Company held
      339 words
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      Page 11 Advertisements Column 2
      257 11 ROBINSON AND COMPANY. LIMITED (Incorporated in Singapore) CHANGE OF SHARE REGISTRAR Robinson And Company, Limited hereby announces that Lim Associates (Pte) Ltd. will be appointed as the Company Share Registrar in place of Schroder International Merchant Bankers Limited with effect from May 1,1994. As from May 1, 1994, all transfers,
      257 words
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      Page 11 Advertisements Column 3
      243 11 BUSINESS TIMES/SUNVIC PRODUCTIONS JOINT PROMOTION The Gambler' in concert! MAY 15,1994 BPM SINGAPORE INDOOR STADIUM 9 pairs of $120 tickets and 18 pairs of $100 tickets to his concert must be won! It's a hard act to follow. Kenny Rogers, voted "Favourite Singer of All Time", actor, singer, winner of
      243 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      766 12 i^NothiiigßeatsAßud.te OF I 1 1 &rmsd jSP* |A 1 i o *>* 4 0v A* Main Sponsor: v y .a* W* i><* n\ +<* -o i\ y -'//> j> 1 +\s' \A (Prices subject to Io*3fc service charge. I govt, tax 3% GST) boulevard hotel Orchard Boulevard Singapore 1024 ■carat
      766 words
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      Page 12 Advertisements Column 2
      360 12 WHERE TO WINE, DINE AND ENTERTAIN H, JJ SSCTttgig' Wfek'. M i Celebration April 25-29 Gate Plaza v A lavish Japanese bu&eglurtch J. giftsV^y v [Tflfea "y. \V\ 18.50 per person, j j r Canfonesc set Junth **t k u\ *5 ,>* door'fcifrs'andaercactivei fX i »Y- "4 1 Uubiect to
      360 words
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      Page 12 Advertisements Column 3
      384 12 Secretaries' Week At The Stables All week long we honour those wonder women without whom the wheels of commerce would grind to a halt Starting 25 to 29 April at The Stables, there's special set lunches, complimentary cocktail, roses, fashion show Plus lots of attractive door gifts like perfumes, toiletries.
      384 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Soul-searching saga
      870 13  -  Claire Leow previews Death of a Salesman an ail-American play with an Asian cast Claire Leow Arthur Millers landmark play. Death of a Salesman. created a protagonist unforgettable for his impact on international theatre Willy Loman. Just as John Osborne's "angry young man" in his 1960s play Look
      Photo by Arthur Lee  -  870 words
    • Article
      Lock icon Europe seeks ways to revive film industry
      694 13 Reuter AS EUROPEANS flock to see US films like Schindler's List and Jurassic Park, their film-makers and government leaders are looking for ways to revive Europe's moribund cinema sector. But the effort hinges on a key question: how far can the European Union
      Reuter  -  694 words
    • Article
      Lock icon Magic goes into cinema business
      306 13 CHATTERBOX UPI AP AP AP MAGIC JOHNSON is embarking on his third career. The former LA Lakers player and coach is going into business with Sony Theatres to build and operate cinemas in minority urban neighbourhoods across the US. The new cinemas will carry the
      UPI; AP  -  306 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      81 13 Secretaries' kJW»E E K 25 -29 April Behind every successful man is a woman the r 25 &26 and 28 &29 April Set-lunch at Ss2B.ooper person 27 AprO Set-lunch at SS32.ooper person trie* it mbjtct to 10% ttrvict chart* <md govtmmtnl lout including GST. Dally Highlights Lucky draw fashion show
      81 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1243 13 TV RADIO Bloodsport, 11pm, Jean Claude Van Damme commando-in-camp The a his stopped and a And was fun... Night Raiders, 5 daughter is To an elite J|\ of rescuers blindingly original 1990 telemovie. A DoN's House, 11.05pm, SBC 12 woman Stevenson) finally revolts against hus- gCS^H&^M band who has been
      1,243 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Lock icon Coke makes it red hot with US$350m prize money
      482 14 Dazzling giveaways include Ford Mustang convertibles and Kawasaki jet skis Bloomberg Business News COCA-Cola is giving away money at a record pace. The fizz king's "Red Hot Summer" promotion will give USS3SO million (***** million) in prizes that include 200 Ford
      Bloomberg Business News  -  482 words
    • Article
      Lock icon US ad rates not likely to surge
      446 14 NYT THE Federal Reserve Board in the US keeps raising interest rates because of fears that inflation will harm the economy. But in the media, the potential for inflation does not seem menacing. In an annual survey of executives responsible for making advertising,
      NYT  -  446 words
    • Article
      Lock icon Plastic bottle gives Pepsi a new grip
      119 14 Bloomberg Business News PEPSICO Inc. happy with test-marketing last year, will roll out its most popular drinks in one-litre "grippable" plastic bottles nationwide next week. Beverages in the "Big Slam" single-serving packaging, offered in 40 per cent of the country since May. sold
      Bloomberg Business News  -  119 words
    • COPY LINES
      • Article
        Ad Venture's man in Mauritius
        44 14 SINGAPORE Ad Venture Communications has appointed Australian Barry Gregson creative director of its Mauritius office. Mr Gregson has previously worked for Young Rubicam. McCann-Erickson. DMB&B and George Patterson. He has won more than 24 international awards for his work.
        44 words
      • Article
        Magazine for cleaning industry
        74 14 SINGAPORE A magazine for the industrial cleaning and sanitary maintenance industry has been launched by local publishing company VFPR Media Consultants. The monthly magazine. Clean Asia, is aimed at buyers and suppliers of goods and services in the industry. The initial print run is 10.000 copies.
        74 words
      • Article, Illustration
        Claim on lowest saturated fat
        57 14 SINGAPORE Goodman Fielder International has launched its Meadow Lea Canola margarine, which it claims, contains less saturated fat than any other brand now available in Singapore. The company will back the launch with print and television commercials and other promotional material. The campaign is titled
        57 words
    • Article
      Batey soars again in annual ad agency ranking
      837 15  -  Corinne Kerk gives the lowdown on findings by US-based Advertising Age Corinne Kerk Homegrown Batey Communications has again taken the top spot in US-based Advertising Jge's annual ranking of agencies in Singapore. Batey, which has topped the list for the past few
      837 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      138 14 ACROSS THE NATION AROUND THE WORLD "Adelaide's Most Significant Retail Opportunity" M«iy t| j 1-- y**86 Rundle Mall, Adelaide, South Australia The Tenant: "WOOLWORTHS" The Tenn: 16 YEARS (until 31 December, 2009) Located in the heart of Adelaide's Premier Retail Precinct. Substantial improvements over five levels. Frontage: 37.95 m Site
      138 words
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      Page 14 Advertisements Column 2
      122 14 I Lucille... The Gambler... She Believes In Me... Don't Fall In Love With A Dreamer... Lady...Through The Years... Date Sun 15th May |> M Time s BPM as Venue Singapore Indoor Stadium Prices Ir $40. $60. $80. $100, $120 CD Hotline 348 5555 t O Enquiries W *****37 J CD
      122 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      178 15 froes Your cm f\ akin tare Correct? XI Each skin type reacts differently to tension, fatigue and external aggression. ffence different skin ty|x*> need different care accc >rding t< > their specific needs Introducing Correcteur Hiologiques from Clanta In four innovative and effective gel serums; each specially fomiulated to respond
      178 words
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  • Article
    Nixon's troubled legacy
    514 16 EDITORIAL INCUMBENT US President Bill Clinton waxed lyrical about former president Richard Nixon last week. "He gave of himself with intelligence and devotion to duty, and his country' owes him a debt of gratitude for that service." Mr Clinton said last Friday evening shortly after Mr Nixon
    514 words
  • WHAT THE OTHERS SAY
    • Article
      A crisis this is not
      221 16 IF ONE TAKES an introspective view of Prime Minis-ter-elect Tsutomu Hata's predicament of being unable to claim his office, then the governmental paralysis in Japan should be seen as not a crisis but an advanced phase of the country's political realignment. What looks inevitable is
      221 words
    • Article
      Towards a better cab service
      144 16 SINGAPORE deserves a better taxi service. Instead of having the perception that the customer is always right, some taxi drivers maintain a couldn't-care-less attitude. The awareness campaign, plus computerisation to systematise bookings, will help in developing better service. NTUC Comfort cab drivers should count themselves
      144 words
    • Article
      More taxis to meet demand
      192 16 THE DEMAND for taxis now can no longer be compared with that of a decade ago or even five years ago. With the number of visitors to Singapore rising steadily over the years, it is natural that demand for taxis should rise proportionately. Furthermore, incomes
      192 words
    • Article
      A relevant monarchy
      136 16 THE democratisation of our monarchy has made it a unique political institution, lending it relevance in an age when kings do little more than reflect past glories. While it is true that the monarch's election does not involve the citizenry, the very fact of having to be
      136 words
    • Article
      Tall order for Hata
      145 16 FAR FROM the public excitement that greeted the arrival of his predecessor, Morihiro Hosokawa, new Japanese Prime Minister Tsutomu Hata finds himself taking the helm of a nation once again disenchanted with politics. Hata, who has served as foreign and finance minister, and was first elected
      145 words
    • Article
      Boost manufacturing R&D
      196 16 INVESTMENTS in research and development by companies in developed countries have enabled them to stay ahead of the competition. The Japanese companies, for example, place great emphasis on R&D. Massive investments in this sector soon after World War II and in the ensuing years are yielding results
      196 words
  • Article, Illustration
    Tokyo's woes: it's not just politics and economics
    906 16  -  Anthony Rowley examines what appears to be an accelerating unwinding of cross-shareholdings in Japan, driven by structural and cyclical factors Anthony Rowley The writer is BT's Tokyo Correspondent THE Tokyo stock market is back in the doldrums and the fashionable excuse is
    906 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      89 16 v. i l k V mK Breathtaking monuments, beautiful artforms, L ■L and the splendor of the sultanate have long drawn pilgrims to Yogyakarta. Soon Central java's cultural heart will celebrate the arrival a splendid five-star hotel that reflects its grand heritage. Opening JSSjviHMay 1994. Melia Purosani Yogyakarta is destined
      89 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      82 16 ju)ei_L go not T— i V. ru_ s»T Hefcje. wo lofvt till thcn J don "t ujrmt hhvm Pe^ s w top PocxeT wavc im hfkc PO" ONce /^—v i —T° rm V IsTopPeD leaping pbout J Ff?IGHTeM6D f v v r .J DOONESBURY GARRY TRUDEAU DWpy,AR£ VUP'W/WST Hl^ m&KAWf
      82 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Onslaught on China's bloated state sector
      1411 17  -  Tony Walker says the greatest test of China's commitment to reform lies in rationalising its loss-making state enterprises Tony Walker FT WHEN Zhu Rongji, China's senior vice-premier in charge of the economy, visited the north-east heartland of China's ailing state-owned heavy industry this month
      FT  -  1,411 words
    • Article
      Lock icon The state relaxes its iron grip
      580 17 FT THE ENTRANCE to the giant Wuhan iron and steel works is dominated by a statue of Mao Zedong, but the late chairman's socialist theories bear little relation to what is going on inside the sprawling complex. Nearly two decades after Mao's death, the
      FT  -  580 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      13 17 The Straits Times Classified in ifi jfl' Find someone 'i// who'd like to
      13 words
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      Page 17 Advertisements Column 2
      353 17 THE COMPANIES ACT, CHAPTER 90 SECTION 290<2)<8) mqtics of resolution HOC PNONRTY HOLDINGS PTE LTD ON MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of SBDC Property Holdings Pte Ltd held at Dobelnsgatan 64. Stockholm. Sweden on the 21st day of April 1994, tfie following special resolutions were duly passed:
      353 words
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      Page 17 Advertisements Column 3
      108 17 ijWL j. m S^^^KmS^B^y F rom now till 15 May 1994 enjoy this regal, culinary treasure at Singapore's premier Chinese Seafood Restaurant. For only a limited period, Wang Jiang Lou is offering "Monk Jumps Over The Wall" including a complete four-course meal and a beautiful souvenir ceramic container for only
      108 words
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  • Article
    Lock icon US first quarter growth down sharply to 2.6pc
    573 18 Reuter. AP. Bloomberg Business News WASHINGTON Rising interest rates and bitter winter weather slowed the US economy's growth sharply in the first quarter of 1994 to a 2.6 per cent annual rate, the Commerce Department said yestcrday. The growth rate for the
    Reuter.; AP.; Bloomberg Business News  -  573 words
  • Article, Illustration
    Lock icon Hata forms first minority govt in 39 years
    573 18 AP. Asahi. Bloomberg. Reuter TOKYO Prime Minister Tsutomu Hata named a minority Cabinet yesterday, a step that may number his days in office and prolong Japan's trade and economic stalemates. Mr Hata failed in a final attempt to lure the Socialists the
    AP.; Asahi.; Bloomberg.; Reuter  -  573 words
  • Article
    Lock icon Malaysia to manage Cambodia overseas telecom links
    157 18 Reuter KUALA LUMPUR Malaysia will become the international telephone exchange for Cambodia under an agreement signed between the two countries, Minister of Post, Telecommunications and Energy S Samy Vellu said. Syarikat Celcom (Malaysia) Sdn Bhd, a wholly-owned sub- sidiary of Technology Resources Industries
    Reuter  -  157 words
  • Article
    Lock icon Berlusconi appointed new Italian prime minister
    132 18 AP. AFP ROME Italian tycoon-turn-cd-politician Silvio Berlusconi was appointed as Italy's new prime minister yesterday. Mr Berlusconi, whose Eor/a Italia (Let's Go. Italy) party swept to victory in last month's general elections, announced his appointment after a 5(1minute meeting with President Oscar Luigi Scalfaro.
    AP.; AFP  -  132 words
  • Article
    Lock icon S Africa extends voting by another day in six areas
    270 18 AP, Reuter JOHANNESBURG, South Africa Authorities yesterday extended voting an extra day in six areas after logistical nightmares led to mile-long lines and charges of irregularities in South Africa's first allrace election. Instead of ending as scheduled at 7pm Thursday,
    AP,; Reuter  -  270 words
  • Article
    Lock icon Enterprise Oil launches hostile £1.45b takeover bid for rival Lasmo
    447 18 AFP LONDON British company Enterprise Oil yesterday launched a hostile £1.448 billion (553.4 billion) takeover bid for its main British rival. Lasmo. which could give rise to a world leader in oil and gas exploration. The new company would become
    AFP  -  447 words
  • Article
    Lock icon GM's first-quarter profit surges 66pc
    326 18 AFP. Reuter DETROIT. Michigan General Motors Corporation yesterday reported first-quarter earnings of USSBS4 million (551.32 billion), a 66.4 per cent rise from a year ago. Benefiting from a surging automotive market and continued cost cuts. GM said the January-to-March earnings, equal to 81 US cents
    AFP.; Reuter  -  326 words
  • Article, Illustration
    Richard Nixon throws some punches — off the record
    769 18  - Richard Nixon throws some punches off the record The Bottom Line WILLIAM SAFIRE WILLIAM SAFIRE The writer is a columnist with the New York Times, where this commentary first appeared UNS arc an abomination." M Richard Nixon in one of our long talks last year. He added: "You can use
    769 words
  • Article
    Lock icon Israel-PLO peace pact likely to be signed next week
    271 18 AP. AFP CAIRO Israel and the PLO expect to sign a historic agreement next Wednesday on establishing limited Palestinian self-rule in the Gaza Strip and the West Bank town of Jericho. Egyptian President Hosni Mubarak said yesterday. Mr Mubarak made the
    AP.; AFP  -  271 words
  • Page 18 Advertisements
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  • COMPANIES & MARKETS
    • Article, Illustration
      Jasa Megah to diversify with M$217m golf resort purchase
      414 19  -  By Claire Leow SINGAPORE Jasa Megah Industries Bhd (JMI) is acquiring Tropicana Golf Country Resort Bhd for MS2I7 million (*****.8 million) in a move to diversify its operations. In exchange for Tropicana, JMI will issue 54.26 million new shares at MS4
      414 words
    • Article
      Jardine Fleming research team is tops: poll
      671 19  -  By Joyce Quek SINGAPORE Jardine Fleming Securities has the best research team analysing Asian markets outside of Japan, say investors polled by Institutional Investor. The financial monthly says in its April issue that analysts tracking Asian markets are in great demand and are
      671 words
    • Article, Illustration
      Lock icon Potential of Asiatic's landbank is mind-boggling
      786 19  -  HOCK LOCK SIEW By Amy Balan SINGAPORE You may think plantation companies are boring. Think again. There's more to them than rubber trees and palm oil. Plantation companies own land. Lots of land. And with the massive infrastructure! development going on in Malaysia, land
      Source: Asiatic Annual Report  -  786 words
    • Article
      Prima's associate in Sri Lanka plans US$15m expansion
      195 19 SINGAPORE A Sri Lankan associate of local Hour miller Prima plans to spend US$l5 million (5523.4 million) to USS2O million expanding and restructuring over the next five years. Under the terms of an agreement with Sri Lanka's Board of Investment. Ceylon Agro-Industries
      195 words
    • Article
      Dutch firm gets SAE deal for vehicle inspection system
      210 19 SINGAPORE Singapore Automotive Engineering's subsidiary. SAE Inspection Services (SIS), has awarded a Dutch company the contract to install an automated vehicle inspection system at its new Sin Ming facility. The new system, developed by automotive test equipment specialist Van Leeuwen Test
      210 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        47 19 Mixed .Market Mihkl indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentimem. Brokers polled: Alliance. Barings. Daina. Fraser GK Goh Kav Hum On/no. Fhillip. Tat Lee. Smith Sew Court. H I Carr and SG H arhurg.
        47 words
      • Article, Illustration
        HOT STOCK
        166 19  -  By Teh Hooi Ling Magnum Corp Bhd gained two cents yesterday to close at $3.68. But volume was uninspiring at 95,000 less than a third of the 10-day moving average. Short-term technicals look bearish, with the 13-day Relative Strength Index heading south from the overbought region. The daily
        166 words
    • COMPANIES
      • Article, Illustration
        Lock icon Phone firm TRI falls for 2nd day on dismal profit forecast
        321 21 Bloomberg Business News KUALA LUMPUR Shares in Technology Resources Industries Bhd, Malaysia's leading cellular telephone company, fell for a second straight day after the company released a disappointing profit forecast. After dropping 90 sen on Wednesday, TRI fell 80
        Bloomberg Business News; Source: Bloomberg  -  321 words
      • Article
        S'pore Precision buys 10.7pc stake in National Kap
        182 21 SINGAPORE Singapore Precision Industries, the precision engineering arm of listed Singapore Technologies Industrial Corp, has acquired a 10.7 per cent stake in Sesdaq-listed capacitor maker National Kap. It has bought 2.05 million shares in the company for a total of $2.6 million.
        182 words
      • Article, Illustration
        Maybank appoints managing director
        137 21 SINGAPORE Malayan Banking Bhd has appointed Amirsham Abdul Aziz managing director from May I. In a move that was expected in banking circles, Mr Amirsham, 43, takes over from Ahmad Mohd Don, who has been appointed governor of Malaysia's central bank, Bank Negara. Mr Amirsham joined
        137 words
      • Article
        Lock icon Mechmar to pay M$55m for four timber-related firms
        281 21 Bernama KUALA LUMPUR Mechmar Corporation (M) Bhd has proposed to acquire four timber-related companies for a total of Msss million (SS32 million) to be satisfied by a share issue. The proposals mark Mechmar's diversification from manufacturing and property development to include timber-related
        Bernama  -  281 words
      • Article
        Untitled
        520 21 Mmafart' pricM Apr 29 US Gr Fund 1.01 105" Singapore Unit Trust UMB Invest Mgt Ltd The Commerce 1.75 184 Unilund 1.47 154 The Savings Fund 1.61 1.69 I nibond+- 1.025 1.05 S'pore Prog Fund 0.74 0 78 United Gr Fund' 168 175 S'pore Sec Fund 1.07 1.12 United Asia
        520 words
      • Article
        Tan & Tan Dev's earnings jump 130pc to M$30m
        309 21  - Tan Tan Dev's earnings jump 130pc to M$30m From Ho Kay Tat in KUALA LUMPUR PROPERTY GROUP Tan and Ian Developments Bhd has reported a sharp 130 per cent hike in its net profit before extraordinary items to MS30.05 million (SSI 7.43 million) for the year ended Jan 31, 1994.
        309 words
      • COMPANY BRIEFS
        • Article
          Jacks Int'l profit up 85pc to $1.21m
          101 21 SINGAPORE Jacks International reported an 85 per cent rise in net income to 51.21 million on a 23 per cent rise in sales to 5i46.95 million for the year to Jan 31, 1994. The company said an improved performance by UK subsidiaries helped
          101 words
        • Article
          Nod for S'pore Finance bonus, rights
          74 21 SINGAPORE Singapore Finance has received in-principle approval for the listing and quotation of its bonus, rights, and new shares as well as warrants. The Stock Exchange of Singapore has approved the issue of 29.7 million rights shares, an issue of $100 million of 3.5
          74 words
        • Article
          Econ Int'l announces assoc company
          68 21 SINGAPORE Econ International says Concrete Grinding (Asia Pacific) has become an associated company. Concrete Grinding was incorporated on March 11 to be a regional consultant and specialist contractor in the treatment of super-flat concrete surfaces. It is a joint venture vehicle for Fast-Track Projects, a
          68 words
        • Article
          Sembawang Eng wins $38m deal
          73 21 SINGAPORE Sembawang Engineering has won a $38.6 million contract from the Ministry of Environment to cover treatment units at Kranji Sewage Treatment Works. Sembawang will work with Lurgi Energie und Umwelt of Germany, with which it has already worked on a project at Ulu Pandan
          73 words
      • COMPANY BRIEFS
        • Article
          Lock icon HK's Far East buys Bangkok office
          91 22 Bloomberg Business News BANGKOK Hongkong-based property developer Far East Consortium International Ltd has purchased an office building now under construction in downtown Bangkok for HK5431.1 million (SsB7 million). The Nation newspaper reported yesterday. The seller is ATM Holding Co, a department store and garment
          Bloomberg Business News  -  91 words
        • Article
          Lock icon HK unit for Canada's Imperial Parking
          75 22 Reuter HONGKONG Canadian car park manager Imperial Parking Ltd yesterday announced the opening of a Hongkong subsidiary. Imperial Asia Ltd. Imperial Asia is to form a strategic alliance with Cheung Kong Real Estate Agency, part of Cheung Kong (Holdings) Ltd, and will submit proposals
          Reuter  -  75 words
        • Article
          Lock icon ICI's first quarter profit up 31pc
          84 22 Bloomberg Business News LONDON Reaping the benefits of an extensive restructuring started two years ago. Imperial Chemical Industries pic said 1994 first-quarter pre-tax profit increased to £93 million (SS2IB million), 31 per cent over the restated £74 million reported a year ago. The UK's
          Bloomberg Business News  -  84 words
        • Article
          Lock icon Air France lost 8.4b francs in 1993
          67 22 AFP PARIS Air Trance made a net consolidated loss after minority interests of 8.476 billion francs (552.3 billion) last year, the state-controlled airline said yesterday at the end of a board meeting. In 1992, the company had reported a loss of 3.266 billion
          AFP  -  67 words
        • Article
          Lock icon Nichimen to buy 15pc of Viet Motors
          102 22 Bloomberg Business News HANOI Trading company Nichimen Corp yesterday said it will buy a 15 per cent stake in Vietnam Motors Corp for US$l.5 million (552.3 million), according to Kyodo news agency, the Vietnam News reported. Vietnam Motors, a foreign joint venture company,
          Bloomberg Business News  -  102 words
        • Article
          Lock icon Sumitomo's stake in Philippine firm
          64 22 Reuter MANILA Sumitomo Corp has taken a 9 per cent equity stake in the Philippines' Davao Union Cement Corp (DUCC), or 90.37 million shares, DUCC said yesterday. The shares are part of the total 238.19 million shares which DUCC plans to offer to the public
          Reuter  -  64 words
      • Article, Illustration
        Porsche taking fast lane to recovery
        510 22  -  By li Juliette Walker SINGAPORE The man in the driver's seat at Porsche AG has turned the German luxury car maker around and is now preparing to step on the gas. Wendelin Wiedeking, Porsche's president and chief executive, has overhauled the loss-making sports car
        510 words
      • Article
        Lock icon Goodyear to invest US$30m in China tyre joint venture
        369 22 Bloomberg Business News AKRON, Ohio Goodyear Tire Rubber Co on Wednesday formed a joint venture to make Goodyear brand tyres in China for the first time, investing US$3O million (SS46 million) for a 75 per cent stake in the new company.
        Bloomberg Business News  -  369 words
      • Article
        Chinese steel firm Magang's profit jumps four-fold
        392 22  -  From Lim Soon Neo in HONGKONG MAANSHAN Iron and Steel (Magang), the Chinese stateowned enterprise which launched the biggest initial public offering here last year, yesterday reported better than forecast 1993 after-tax profits of 1.76 billion renminbi (*****.7 million), an increase of 330
        392 words
      • Article
        Lock icon Tsingtao Brewery's profit surges 316pc
        221 22 Knight-Ridder HONGKONG Tsingtao Brewery Co Ltd. the first Chinese state-run firm to be listed on the Hongkong stock market, posted a net profit after taxation and exceptional items of 187.7 million yuan (5533.6 million), up 316 per cent from 1992. The figure was arrived at
        Knight-Ridder  -  221 words
    • FINANCE
      • Article, Illustration
        Societe Generate moving to 80 Robinson Road building
        481 23  -  By A J Leow FRENCH bank Societe Generate, which is expanding its business in Singapore, will be moving its operations from The Octagon to the new 80 Robinson Road building in late October. The bank has signed a tease for the top
        481 words
      • Article
        Lock icon C S First Boston says size of US bank mergers will grow
        295 23 Knight-Ridder NEW YORK C S First Boston's senior bank analyst Thomas Hanley said on Wednesday he expected the size of US bank mergers to grow over the next two years. "We think the (banking industry) consolidation will pick
        Knight-Ridder  -  295 words
      • Article
        Lock icon Aussie insurers looking to equity market to fund expansion plans
        422 23 Reuter SYDNEY' As Australian insurers plan expansion into hanking and Asia the> are increasingly looking to the equity market for funds. Two of Australia's larger insurers have announeed plans to beeome puhlie eompanies. Two others have listed on the Australian
        Reuter  -  422 words
      • Article
        Lock icon Bank of Montreal is first Canada bank to seek NYSE listing
        301 23 Bloomberg Business News TORONTO Bank of Montreal. Canada's fourth-largest financial institution, said on Wednesday it will become the first hank in the country to apply for a listing of its common shares on the New York Stock Exchange. The
        Bloomberg Business News  -  301 words
      • SMALL CHANGE
        • Article
          Lock icon Thai bonds pegged at 250b baht in '95
          71 23 Knight-Ridder BANGKOK Outstanding corporate bonds denominated in Ihai baht will be worth 250 billion baht (SSIS billion) by the end ot 1995. the head ol Thailand's only credit rating agency said yesterday. The \alue of outstanding corporate baht bonds grew from five
          Knight-Ridder  -  71 words
        • Article
          Lock icon CFSC applies to buy Taiwan stocks
          81 23 Bloomberg Business News TAIPEI CFSC Asset Management Inc. a US fund management company, has applied to invest USS2S million (SS39 million) in Taiwan stocks, the Securities and Exchange Commission (SEC) said yesterday. Foreign financial institutions have been allowed to directly buy and sell Taiwan
          Bloomberg Business News  -  81 words
        • Article
          Lock icon Daiwa Overseas notes' interest rate
          64 23 Bloomberg Business News LONDON Daiwa Overseas Finance Ltd's US$7O million (SSIO9 million) of 10-year floating/fixed rate notes pay interest semi-annually at a rate of six-month London interbank offered rate plus 45 basis points to May 20. 1997. said an official at manager Daiwa Bank Capital
          Bloomberg Business News  -  64 words
        • Article
          Lock icon Ambac's 1st qtr income falls 11pc
          68 23 Bloomberg Business News NEW YORK Ambac Inc on Wednesday said first-quarter net income fell 11 per cent because of investment losses and higher expenses. The parent company of Ambac Indemnity Corp. one of the nation's largest municipal bond insurers, said earnings fell to U5537.9
          Bloomberg Business News  -  68 words
    • FINANCE & COMMODITIES
      • Article
        Commodity exchange to launch coffee futures in second half
        262 24  -  By Soh Tiang Keng ASIA'S first coffee futures contract will be launched in Singapore in the second half of this year. It will be traded on the Singapore Commodity Exchange (Sicom). Chong Kim Seng, general manager of Sicom. formerly known as
        262 words
      • Article
        Lock icon Chinese cotton, grain output seen to stagnate this year
        262 24 Bloomberg Business News BEIJING The size of China's grain and eotton crops will stagnate, or even fall this year, hitting farmers' incomes and stoking the country's inflation rate, the official China Daily reported on Wednesday. Only "extremely good weather" would prevent
        Bloomberg Business News  -  262 words
      • Article, Illustration
        Lock icon India's new private bank likely to benefit from diamonds and expats
        273 24 Reuter BOMBAY India's booming diamond trade and expatriate investors would provide the core business for the country's first private bank to be set up in 40 years, Induslnd Bank managing director Solomon Raj said on Wednesday. "The bank will
        Reuter  -  273 words
      • Article
        Lock icon Kidder, Peabody files claim against former employee
        247 24 Bloomberg Business News NEW YORK Kidder. Peabody Co filed an arbitration claim against Joseph Jett. its former head of government bond trading accused of using "phantom trades" to boost the firm's pre-tax profits bv USS3SO million (*****.5 million). A company official said Kidder,
        Bloomberg Business News  -  247 words
      • Article
        Lock icon CRA set to develop A$700m mine
        262 24 Bloomberg Business News MELBOURNE Australia's largest mining company is set to develop its giant new Century zinc-lead mine in Queensland at a cost of AS7OO million (SS7BO million). CRA chairman John Uhrig said at the annual shareholders' meeting that a AS4O million feasibility study
        Bloomberg Business News  -  262 words
      • Article, Illustration
        Lock icon Banque Indosuez REGIONAL CURRENCY REPORT
        131 24 ANOTHER uneventful day in the Asian currency market with the US dollar little changed from Wednesday. The US unit was again confined to an extremely narrow range against the SS. between 1.5553-58. The US dollar opened slightly lower against the ring- git yesterdav. touching a
        Source:  -  131 words
      • Article
        Lock icon London
        184 24 Bloomberg Business News LONDON The dollar slipped to its lowest level in 10 weeks against the yen amid Japanese political instability. Central bank intervention is not likely to prop up the dollar much longer, currency traders speculated. "The market now looks determined to take the dollar down to 100
        Bloomberg Business News  -  184 words
      • Article
        Prices mixed on higher stockpile, Yemen concerns
        160 24 Bloomberg ENERGY REPORT LONDON Oil futures prices were mixed yesterday as a report of higher US inventories was offset by concern over supplies from Yemen, brokers said. The US market was closed on Wednesday to observe the funeral of former President Richard Nixon,
        160 words
      • Article
        Lock icon New York
        80 24 AFP NEW YORK The dollar was mixed against other major currencies early yesterday in moderately active trading after the report of lower-than-expec-ted first-quarter US economic growth. At about 9:25 am (1325 GMT), the dollar was trading at 1.6716 German marks, compared to 1.6705 late Wednesday, and at 102.05
        AFP  -  80 words
      • Article, Illustration
        Untitled
        1670 24 MtU- Hit till til iihk ink ithlUt/ ogwM S>«. /<y> /V luuhiiv /mimen ftiv i«» /W5 US$/S$ forward rates Noon Apr 28 si Bid Offer 1-month I.SSSJ 1.5568 I.>558 1.5573 Vmomh l.555*> I 55 7 -l 6-monlh I 5560 1.5580 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am m
        1,670 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen higher on position-squaring
        1319 25 M[uwr MMU llSipiTffe Reuter SINGAPORE Simex Euroyen futures finished slightly firmer on position-squaring yesterday before the start of the long Golden Week break in Japan. "The market has been buying up ahead of the long, long weekend," said a trader with a local firm. Dealers said
        Reuter  -  1,319 words
      • Article
        KL tin up on foreign buying
        682 25 COMMODITY REPORTS Tin TIN closed six sen higher at M 514.36 a kg yesterday after a higher London market prompted some foreign buying, traders said. Some fresh buying from Europe was seen after the local price premium over LME narrowed slightly to US$BO a
        682 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Indon refinery to up throughput
          68 25 SINGAPORE Indonesia's Balikpapan refinery will restore its crude processing rate to about 259,500 barrels per day in early May from the 233,000 bpd it has been operating at since April 5, refinery sources said yesterday. They said that on instructions from national oil company Pertamina,
          68 words
        • Article
          Thai March sugar exports up
          57 25 BANGKOK Thailand exported 332,884 tonnes of sugar in March, up 14.9 per cent from 289,739 tonnes in March 1993, according to figures released by the country's seven sugar shippers. March exports were also up from 128,235 tonnes exported in February, according to the figures, provided
          57 words
        • Article
          Japan azuki beans import quota
          53 25 TOKYO Japan's Ministry of International Trade and Industry said yesterday the import quota for azuki beans was set at U5529.4 million (SS4S.7 million)for the first half of fiscal 1994-95 (AprilMarch). The import quota was below market expectations of US$ 30-35 million, suggesting a better-than-expected domestic
          53 words
        • Article
          US farmers' case for sanctions
          70 25 WASHINGTON A four-year surge in purchases of Canadian wheat will cost the US farm programme US$6B2 million by May 1995, the Agriculture Department said. The department presented the number to the International Trade Commission, an independent US panel hearing arguments yesterday in the administration's request
          70 words
    • Article
      COMMODITY PRICES
      1504 25 Rubber Apr 28 Singapore Commodity Fncfraagt SICOM (physical prices) (futures ctosiag as at lpm) Bwyers Mm RSS 1 Contract (S cents/kg) rtl2 <S cents/kg) Close Volume Open KSS 2 May 94 I $0.00 151 .OON Month High Low Sett (tonnes) Interest RSS 3 Mav 94 149.00 I50.00N 7
      1,504 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1074 26 +9.4 The Australian stock market elosed higher yesterday, recouping Wednesday's losses as investors targetted leading stocks, brokers said. The All Ordinaries index rose 9.4 points to 2.069.1 in medium trade, boosted by option expiries. The key market indicator slipped 9.7 points on Wednesday on a day dominated by a
        1,074 words
      • Article
        Manila
        567 26 13.48 Philippine stocks rose 0.5 per cent, with strong first-quarter earnings reports by blue chips, such as the Manila Electric Co and San Miguel Corp. boosting an otherwise lacklustre market, analysts said. the composite index closed at 2.854.46 points, an increase of 13.48 points over Wednesday's final of 2.840.98
        567 words
      • Article
        Taipei
        529 26 +4.88 Taiwan stocks finished mixed in volatile trade as profit-taking in industrials intensified in late trade, brokers said. The weighted index moved in a 72-point range and ended 4.88 points up at 5.887.86. Turnover was active at NTSBI billion against Wednesdav's NT563.06 billion. Buying in Financials, which lagged other
        529 words
      • Article
        Seoul
        366 26 11.96 Follow-through buying interest focused on primary blue chips pushed the stock market to a higher close in improved trading volume, brokers said. The composite stock index added 11.96 points to 909.39. But declines outpaced advances by 482 to 283. "Strong foreign interest in KEPCO prompted domestic investors to
        366 words
      • Article
        New Zealand
        266 26 -13.55 New Zealand shares fell in thin trading yesterday triggered by the closure of US markets on Wednesday, traders said. Many US investors are prominent players in the New Zealand market. The New Zealand Top 40 capital stock index ended down 13.55 points at 2127.80. on light volume
        266 words
      • Article
        Bombay
        33 26 -14.08 The Bombay Stock Exchange (BSE) 30-share index closed at a provisional 3.739 points, down 14.08. after hitting a low of 3.694.55. The 100-share national index closed 17.97 points lower at 1.796.73.
        33 words
    • WORLD STOCK MARKETS
      • Article
        London
        614 26 -20.1 STOCKS fell amid concern about US inflation and prospects for British Gas Pic. The FT-SE 100 Index of leading British shares declined 20.10 points to 3,129.90, pulled down by shares of British Gas and British Petroleum Co Pic. The declines came after a US Commerce Department said the
        614 words
      • Article
        Paris
        123 26 +2.93 French stocks closed little changed, losing much of their earlier gains amid falling US stocks, conflicting US economic figures and lower French interest rates. The CAC-40 Index closed nearly 2.93 points higher than Wednesday's closing level after having jumped more than 24 points to an intradav high of
        123 words
      • Article
        Stockholm
        81 26 -9.73 Swedish stocks closed lower as bonds lost early gains and shares in pharmaceutical group AB Astra slumped. The 30-sharc OMX Index fell 9.73 points to 1124.50 with 17 stocks lower. five unchanged and eight higher. Turnover was a moderate 10.1 million shares. Stockholm \pf IK Sir WJ turn
        81 words
      • Article
        Frankfurt
        187 26 -2.35 German stocks were slightly lower in the official session, as earlier gains were wiped out by declines in shares of insurer Allianz AG Holding and some chemical stocks. Traders said Allianz was hit by talk that German magazine Der Spiegel may run a 'negative story* about the company
        187 words
      • Article
        Brussels
        125 26 +8.73 Belgian stocks rose for the third consecutive day because of a drop in interest rates and growing signs that the economy is emerging from recession, analysts said. The Bel2o index of blue chip stocks rose 8.73 points, or by 0.6 per cent, to 1,523.54. reaching its highest level
        125 words
      • Article
        Milan
        144 26 +83 Italian stocks rose on anticipation Silvio Berlusconi receive the call to form a new government yesterday. His administration is expected to try to spur the economy by cutting taxes and freeing-up markets. The Milan market's Mibtcl Index of blue-chip shares rose 0.65 per cent, or 83 points, to
        144 words
      • Article
        Amsterdam
        237 26 -1.51 Dutch stocks closed lower as renewed unease over US interest rates caused shares to lose gains they had made earlier in the session. Banking stocks like Internationale Ncderlanden Groep NV and ABN Amro Bank NV were actively traded, while multinationals like Royal Dutch Petroleum Co, Unilever NV and
        237 words
      • Article
        Zurich
        221 26 -22.41 Swiss stocks fell yesterday, as the German Bundesbank failed to meet hopes for a cut in interest rates, traders said. The Swiss Market Index of 22 blue-chip stocks, or SMI, fell 22.4 points to 2768.9. with 11 stocks falling. three unchanged and eight rising. Zurich Vpr IK Initio
        221 words
      • Article
        Toronto
        310 26 •8.96 Toronto stocks continued lower in midday trading yesterday, pulled down by a weak bond market follow- ing the release of key US economic data. Canada bonds remained weak after falling on stronger than expected US first quarter gross domestic product data. The TSE 300 composite index fell 8.96
        310 words
      • Article
        New York
        775 26 -16.06 Blue-chip stocks fell yesterday as new data on the economy showed that inflation pressures were unexpectedly high in the first three months of the year. At 1 pm EDT, the Dow Jones Industrial Average was off 16.06 points at 3.683.48. In the broader market, declining issues led
        775 words
      • Article
        Untitled
        887 26 Britannia Funds Merlins (ash Bid Offer Mini < jp Deposit #»44io 3* Mini Jcrsrs (>ill u |»>J* II !<♦>»; Mini Mj\ Income *11 *1.***** I SS ash liK»iiie Plus Fund I0 5it«> l*SS Re*ixefund .< 2<«l 5X» Sterling Kqaih tuio Peil**nunce 0 44** F ii EM fund *2/JMa Mjn Poittolio
        887 words
    • Article, Illustration
      Lock icon HONGKONG
      3145 27 Bloomberg Business News HONGKONG Share prices were higher in light trading yesterday as many investors continued to stay out of the Hongkong stock market amid concerns over the outlook for local interest rates and real estate prices. Hutchison Whampoa, HSBC Holdings and Hang Seng Bank led the market higher.
      Bloomberg Business News; Source: Bridge Info  -  3,145 words
    • Article, Illustration
      CHINA
      555 27 THE CLSA Shanghai A and B indices rose 0.72 per cent and 0.14 per cent respectively yesterday. Turnover also leapt substantially to US$5.2 million. Jinqiao was the most actively traded counter, with a turnover of US$l.36 million. Hero and First Pencil both shed 8 per cent. The Shenzhen B
      555 words
    • Article, Illustration
      Lock icon TOKYO
      2540 27 Bloomberg Business News TOKYO Stocks were little changed amid concern that political instability could send the US dollar falling to record lows against the yen and eat into the profits of Japanese exporters. "People are really concerned about the currency situation. It's in the back of everyone's head that
      Bloomberg Business News; Source: Bridge Info  -  2,540 words
    • Article, Illustration
      Lock icon BANGKOK
      1867 27 Bloomberg Business News BANGKOK The Stock Exchange of Thailand (SET) composite index declined 0.3 per cent in light trading yesterday as investors saw higher interest rates helping the financial industry but hurting property and building companies. Real estate and construction shares declined on expectations that this week's increase in
      Bloomberg Business News; Source: Bridge Info  -  1,867 words
    • Article, Illustration
      Lock icon JAKARTA
      1134 27 Bloomberg Business News JAKARTA Stocks were mixed yesterday as a substantial rise by giant timber company Barito Pacific was offset by concerns about rising interest rates and poor foreign investment figures. analysts said. The benchmark Jakarta Stock Exchange Composite Index, which tracks all stocks, rose 3.SS points, or 0.7
      Bloomberg Business News; Source: Bridge Info  -  1,134 words
    • Article
      CLOB INTERNATIONAL
      2916 28 F AC B 50c J 'W.IKX) Tongkah Hldjs 3.314.000 Mulpha Inll 50c 3 215.000 ,ldns H.J 50c 2 887 000 Promcl I 955.000 tioldcn Plus H I 829.000 kamunting 50c 1.822.000 \Mt)B 50c I 534.000 (icncral Corp 1.456.000 B Ka\a TSR97 1.363.000 u-n Hoc TSR97 I 362.000 InrKncM
      2,916 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks little changed, with focus on TRI
        5553 28 Bloomberg Business News KUALA LUMPUR Stocks were little changed yesterday as investors homed in on a disappointing profit forecast by cellular telephone company Technology Resources Industries Bhd. analysts said. Investors were reacting to a prospectus issued this week that predicted TRl's pre-tax profits
        Bloomberg Business News; Source: Bridge Info  -  5,553 words
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      Page 19 Advertisements Column 1
      159 19 NEWS VALUE How today 's news might affect your stocks S'pore govt to offer residential land on 60-year leases (PX I) Prices of property stocks that rose yesterday on the incomplete news are likely to backtrack today as punters get the full picture. Indonesia bans listing of Djajanti timber unit
      159 words
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      Page 22 Advertisements Column 1
      65 22 YOINGKING ■HtsißM.in. Seoul Office A (AS foreign correspondence shall be addressed to Seoul Office) YoungDong P.O. Box 583, Seoul Phone: (02) 561-4650 Telex: K264S6YHWIRE Fox: (02)561-2402 CabIe:'YOUNGWIRE* SEOUL Factory 71-1, SmchonDong, Changwon CHy Kyungnam, Korea Phone: (0551) 82-2241 (02) 238-9304 Fax: (02) 238-9304 Pusan Office 25,2-Ka, ChoonGang£ong, Choong-Ku Pusan, Korea
      65 words
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      Page 22 Advertisements Column 2
      129 22 BUSINESS TOLL-FREE TEL. No. 1-eOO-*7*l-IM3 FAX 74M1W LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that. IKO ENG KOON of NO. 25 LORONG G. TELOK KURAU, SINGAPORE 1542. have applied lor a Retai Liquor Shop licence in respect of premises at Mfc Successful International Trading at No. 27, Lorong G, Tefck
      129 words
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      Page 23 Advertisements Column 1
      555 23 V* itIA A <• URA SALE OF SITES FOR INDUSTRIAL DEVELOPMENT y wo p r j me industrial sites in established industrial locations are being offered for sale by public tender. Causeway Land Parcel A is a 7.9 ha site for general/light industry development. Located in Woodlands, it is within
      555 words
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      Page 24 Advertisements Column 1
      182 24 23|h t' -HilL* MmUM"i —I r~ Held simultaneously, these exhibitions will provide an important platform for you to source Mould Die and upgrade your production needs. Malaysia '94 The 2nd tk 6 2nd International Covering the areas of processing machinery, International Plastics Exhibition ancillary equipment, materials, CAD/CAM Mould Die Exhibition
      182 words
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      Page 25 Advertisements Column 1
      547 25 BUSINESS_TIMES TOLL-FREE TEL No. 1-600-741-1883 FAX74I-129S NOTICE OF RESOLUTION MAOMTUDE SERVICES PTE LID fn Liquid—on) At an nlMapnlliirtonefvlrwenellrt .rtidy oonuaned and hetd at 102 Upper Craaa Street, #06-07 OQ Buttling, Singapore 0106 on 28 Apr! 1954, die Mowing ReooMtono wore duly That th* Company bo wound up voluntarily by the
      547 words
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      Page 25 Advertisements Column 2
      40 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. f STRAIGHT TALK You shouldn't have to read between the lines to get the fuH picture. Companies fit Markets. Everyday.
      40 words
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      Page 27 Advertisements Column 1
      109 27 BRING NEW LIFE TO VOUR HAIR Facing hair problems like balding, thinning hair, damaged hair and prematurely greying hair? Don't despair, turn to Hay's for an all-natural, effective treatment to all these problems. Hay's Formula adopts a holistic approach that combines a secret herbal formulation with professional haircare, diet control
      109 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article
      Untitled
      7341 29 MAIN BOARD Transaction date: Apr 28 t»r Or 1444 Lax! \ol D*> LaM (Jaote Di> Ui» Md Nrt M Uap High Ln (ump«n> Sak COOO) High l u* Bumt Seller S Or S P'E Vml II INDUSTRIAL AND COMMERCIAL I 3M> 206 I 4 Ac ma Wed unch 3 990
      7,341 words
    • Article, Illustration
      Lock icon Surging property counters lead market higher
      1963 30  -  By Paul Leo SINGAPORE Property counters led the local stock market higher yesterday. The Straits Times Industrials Index languished around its opening level of 2,287.45 most of the morning, but rose to a high of 2,311.38 in late afternoon trading before easing to 2,304.64
      Charts by Bridge Info; Source: Bloomberg  -  1,963 words
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      223 30 HtVuti/ or<ic/ition/? c Wea/tA tW not tAe true measure of < ce/eltrate the opening of its neto a man. fTt isjust as important to aMitiona/yitci/ities, t/ie liintjctfiore Jinct ones fsiig/itfu/ <£face in ifiiHnuning 6tuf> isgioing us tAat tfiocmminy Gtu/y. Uo commemorate rooted tradition in being tAeJamify /e, Our eax/uisite restaurant*
      223 words
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  • Shipping Times
    • Article, Illustration
      Norwegian firm to use S'pore as base to expand in region
      343 31  -  By Ramesh Divyanathan SINGAPORE High-tech marine electrical equipment maker Simrad plans to use Singapore as a springboard to boost its presence in the region. The managing director of Simrad Asia, Robert Manson, says the company has just based a
      343 words
    • Article
      Local systems supplier teams up with UK firm
      300 31  -  By Rahita Elias SINGAPORE Local communications systems supplier Mark Systems (FE) has formed an alliance with Maritime Computer Technical Services of Britain to promote this firm's services and products to shipping companies here. Further down the road, the firms will extend their
      300 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1089 31 Page Col ABC Containcrlinc 16 4 Accord Group 8 1-3 Ahrcnkicl Liner 4 1/2 AOEShpg 15 4/5 ANL 3 1/2 Antaco Mgmt 17 1/2 APL 5 3-5 Appenship 8 4/5 Arabian Express 15 3 ASCL 5 5 Assist Marine 6 1 Avant Shpg
      1,089 words
    • Article
      Lock icon Study under way to protect Malacca Strait
      227 31 AFP KUALA LUMPUR Maritime experts on Wednesday were mulling ways to shape a new "ocean policy" for Malaysia to protect the Malacca Strait from encroachment and pollution and maximise its economic potential. "The Strait of Malacca is a life line to Malaysia. We
      AFP  -  227 words
    • Article
      Lock icon Kelang Container Terminal optimistic despite competition
      486 31 MBT KUALA LUMPUR Kelang Container Terminal Bhd (KCI views 1994 as a promising year despite competition from an alternative container terminal within Port Klang. KCI will maintain its competitive edge through higher efficiency and cost effectiveness in resource-utilisation and sophisticated technology and high consumer
      MBT  -  486 words
    • Article
      Lock icon Cypriot ship sinks off Kenya, crew rescued
      205 31 AFP MOMBASA. Kenya All 23 crew members of a Cypriot cargo ship, the Lavesl, were rescued before the ship sank off the Kenyan coast on Wednesday with 17.000 tonnes of coal on board, shipping sources said here. The Lavest ran aground on April
      AFP  -  205 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        914 32 Vessel Voy Wo Berth Arrival Departure Vessel Voy Wo Berth Arrival Departure Jurong Port DM 1006 15 P03 2804 1500 2904 0400 Mam kidah NU5 12 alongside 29 04 2000 DM1089 15 P04 29 04 0400 29 04 1700 Maan Sayang 04 08 94 12 alongside 29
        914 words
      • Article
        CONTAINER SCHEDULES
        2002 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO i* Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From to Lotus 051* 30 1800 28 28 1700 29 0659 29 0900 V 3 29 0700 29 1159 29 1400
        2,002 words
    • Article
      THE SHIPPING GUIDE
      11001 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LE6ENO PN: ship calls at Penang after
      11,001 words
    • Article, Illustration
      Lock icon Nobody wants an old container
      1426 48  -  Looks are important, even for containers. Shippers want boxes that are no more than three years old. reports Richard Knee Richard Knee American Shipper S A N EW container betI ter than an old one? Not I necessarily, according to three of tour panelists who
      American Shipper  -  1,426 words
    • Article
      DAILY FREIGHTS
      1158 48 PANAMAX grain and coal busi- ness in the Atlantic has been the main focus of the freight market this week, brokers said on Wednesday. A large number of fixtures in -this category have been sighted "but others known to have been done have yet to emerge in full,
      1,158 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon PAL scraps Rome service, reviews European operations
        350 50 AFP MANILA Financially troubled Philippine Airlines (PAL) is suspending its unprofitable service to Rome and restructuring European operations to cut costs, officials said here on Wednesday. The airline, which lost more than 800 million pesos (Ss44 million) on its European operations from April
        AFP  -  350 words
      • Article, Illustration
        Lock icon Crash seen as adding to China Airlines' woes
        388 50 Reuter TAIPEI The China Airlines (CAL) crash in Japan on Tuesday has added huge short-term problems to some of the lon-ger-term ones the airline already faced, analysts said on Wednesday. "The impact for the short term is great," said Allen Huang of
        Reuter  -  388 words
      • Article
        Lock icon EC orders Paris to open up routes from Orly airport
        396 50 NYT PARIS The European Commission (EC) on Wednesday ordered the French government to open Orly airport in Paris to Air France's rivals on routes to London. Toulouse and Marseilles. The demand is a serious test of Brussels' will to enforce
        NYT  -  396 words
      • Article
        Lock icon Dina may call off Motor Coach purchase
        268 50 Bloomberg Business News PHOENIX Consorcio G Grupo Dina SA de CV's acquisition of US Motor Coach Industries Inc may be cancelled or amended because of weakness in Dina's stock price, the companies said on Wednesday. The US$337-million (*****.7 million) acquisition by Mexico City-based
        Bloomberg Business News  -  268 words
      • LOG BOOK
        • Article
          Lock icon THAI-Airbus maintenance centre
          71 50 AFP BANGKOK Thai Airways International (THAI) and Airbus Industrie have agreed in principle to build in Thailand a regional maintenance centre to overhaul Airbus aircraft. THAI announced in a statement issued on Tuesday. The centre is to be based at THAI's heavy maintenance department in Nong Ngu
          AFP  -  71 words
        • Article
          Lock icon IMC reaps HK$121.1m profit
          110 50 Bloomberg Business News HONGKONG Hongkong shipping company IMC Holdings said 1993 net profit after minority interests and taxes was HKSI2I.I million (5524.3 million). Its net profit for the nine months ended Dec 31, 1992, was HK566.9 million. In a statement to the Hongkong stock exchange, the
          Bloomberg Business News  -  110 words
        • Article
          Lock icon Ford eyes plant in Thailand
          94 50 Bloomberg Business News BANGKOK The Ford Motor Co could build a car assembly plant in Thailand by the year 1999. when domestic demand for its cars reaches 5.000. a company executive told The Sat ion newspaper on Tuesday. "Thailand is one of the highest growth
          Bloomberg Business News  -  94 words
        • Article
          Lock icon Kia to produce cars in Germany
          69 50 Bloomberg Business News SEOUL South Korea's Kia Motors Corp and Germany's Vilhelm Karmann GmbH have agreed to produce Kia's all-terrain vehicle. Sportage. in Germany, a company spokesman said on Wednesday. The tie-up. signed by signed by Kia chairman Kim Sun-Hong and Karmann resident Rainer
          Bloomberg Business News  -  69 words
      • Article
        China Eastern to team up with Australia Air
        321 50  -  By Schutz Lee SYDNEY Shanghai-based China Eastern Airlines will form a strategic alliance with Australia Air International, Australia's newest international airline, and is looking into taking a small stake in the carrier, a spokesman for Australia Air said yesterday. "The whole deal
        321 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1679 50 City fhrtit CT* Flight ETO_ Oft Qtt! 0* 5M? AbaMaM GA976 00K> j^f 0 2245 GA928 2140 1 §125 2245 GA970 2155 Frankfurt S025 0645 GA970 2155 =55 5E5i QJ|| 7 IP 151 Sg lis Amsterdam KL837 1450 GA976 0010 Fataafca SQ989 1705 SQ990 01_15 SQ323
        1,679 words
      • Article
        Lock icon GM's plant plan strikingly similar to VW's, probe shows
        449 50 FT FRANKFURT Plant X, the root of all the trouble between Volkswagen and General Motors, has re-emerged at the centre of a criminal investigation into suspicions that the US group's former global purchasing chief stole GM secrets before his move to
        FT  -  449 words
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      43 31 (J INTER Container Lashing Equipment M INTERMARINE Supply Co (Pte) Ltd Exclusive Agent /Distributor KHlntermarine Supply Co (Pte) Ltd No. 7 Bufcit Batok St 22, *****. T>fc *****W Fax: s<3tfll Nobody wants an old container, Page 18 PAL scraps Rome service, Back Page
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      20 31 Line* and services represented *1 wSim&S MMmts ef the Registry of Accredits For advertising enquiries, contact Shipping Times: Tol 740-2089/740-2090
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      183 31 the FAMOUS mm* ■GSHM3 224 1833 I For more information pleaMe refer to Pg. 15 m WM Innovative Handling And Quality Training Have Taught Us To Look At Cars A Little Differently. HE I NNOVATION: Industry-leading Quality Car Team formed by labor and management at the Port of New York*
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      461 32 r TSKUNE AGENCIES (S) PTE. LTD. T "17 Tm-m Tel: 226-3363 s fjVW i t3«l\« IJIM H > W Tlx: RS *****/TSKSJN. j TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I I 1 EXPORTS TO HM6KOH6. MAMLA. TAIWAN t JAPAN "TWICE WEEKLY" I |«ITMU» wr m xn Kt \m\ m
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      Page 32 Advertisements Column 2
      1543 32 J*™ tp VM |g q ,J° -~1 .-fSKJSS'S. „"> ii> 2! IS IS IS "S lis iii i» SI m— in Si If" riiKntnu utimm vM 1A195 46 66 86 96 7 6 7 6 86 86 116 WD SMGAPORI 02 018W 125 245 285 295 1 6 36 66
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      2351 33 00CL i S PTE LTD JARDINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SDN. BHD. TEIT *****13 FAX *****42 PETALING JAVA TEL 03-*****76 FAX 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) PENANG TEL: *****4 FAX *****1 CFS TEL: *****6 BOOKINGS TEL: *****80 *****81/ *****82 Ip OH TEL: *****3/4 FAX: *****6 CUSTOMER SVC TEL:
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      Page 33 Advertisements Column 2
      2188 33 ■HEHSiaiza U. S. A. /CANADA 3 TIMES A WEEK HERMES HOPE V.144E ETA SIN 3RD MAY 1994 METTE MAERSK V.9404 ETA SIN 3RD MAY 1994 AXEL MAERSK V.9408 ETA SIN 4TH MAY 1994 Vessel Vo* ETA ETO j FeeOeted by destinations Th«« wee* MtTTE MAEnsK v94<>4 CV 03/05 0800 MRS
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      1677 34 AQABA R OAM/ IE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S'TON H'BURG A WERP HAVRE yyggy MALAYSIA HOECHST EXPRESS 14/316 30/4 9/5 16/5 18/5 21/5 23/5 25/5 p ort Kelang. Penang DANUBE 13/117 4/5 21/5 24/5 22/5 Pasir Gudang STUTTGART EXPRESS 03/317 7/5 16/5 23/5 25/5
      1,677 words
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      Page 34 Advertisements Column 2
      650 34 AFGHANISTAN MAM Afghanistan Ltd., Hairatan. Torghundi. Islamqala (Doqharun) C.1.5./RUSSIA: Vostochny, Vladivostok. Moscow, Baku, Tashkent, Irkutsk, Alms Ate, Ashgabad. Dushanbe, Kiev N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ned Hongkong V 2124 03/5 13/6 Ned Africa V.2134 10/5 09/6 Bunga Pelangi V.2144
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      1489 34 NOR ASIA SIN ALG BCL VAL HAM ROT ANT FEL LU|i 11 SEA MACEDONIA 417W 04/05 25/05 28/05 29/05 30/05 31/05 01/06 02/06 03/06 03/06 I NORASIA AL MUNTA2AH 9418 3 11/05 01/06 04/06 05/06 06/06 07/06 08/06 09/06 10/06 1*66 I NORASIA SAMANIHA 9419 3 18/05 08/06 11/06 12/06
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      1878 35 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 Utf MAIMsMSBsMMKitIskIIMIM new guinea pacific line ■HliiilßkMlAyiilHlliliAlllAliMdKilMiliH jaPEP (A SERVICE OF CHINA NAVIGATION CO) cargo out s«as omm Sl* AITS Ptix VOCE Muara. Lab. KK In Port 29 Apr FCL, LCL CONT
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      Page 35 Advertisements Column 2
      3180 35 SINGAPORE AGENT: HvfM PXtII Prtnfo <na«*C pao Containers (Singapore Agencies) Pte Ltd W QLy m. jlilMI<!ll A 10 Hoe Chiang Road #07-01 Keppei Towers. Singapore 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax 225 5327/222 7517 V CR Number **********0Z EXPORT IMPORT vessel vo* -png *pkg im 1 sou
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      8 35 HO CHI MIHH TEL: *****26 FAX; *****27 LENNON
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      44 35 VESSEL ETA ETD DESTINATION SONG OA 02 IN PORT 20/04 BUTTERWORTH, FANGCHENG SONG TKN 02 01/0S 04/06 HO CM WNM VIE TR A NSTtMEX 04 27/04 01/05 QUINHON SUBJECT TO INDUCEMENTS VIETHONG SHIPPING PTE LTD TEL: 225 1511 FAX: 225 0633 TLX: R*****1 VI6THK
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      627 36 i§K EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE Lilfl cm MNH CITY PAQBB IhAHPPHPNfc/PIfIECT mkwwy not tmm rawa/wira KEIVIN CHAM *****23 MBBMMB MANOJ »1«B«2» 53&3722 TO VIETNAM/HCMC CONTAINEtt-FEEDER SERVICE CENTER-POINT <s w IM» 7 LINES «gi vot Imspqg »ot Ickhcmc «ma ;iw JQj IL«
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      Page 36 Advertisements Column 2
      2051 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 fOR VSI SM I LUC HAUI SEA TW ID* FDR ¥Sl IIM HAUI SAV IM NYC HANJIN SEATTLE 033 C 30 4 WRECT 19/5 20/5 21/5 HANJIN SEATTLE 033E 30 4 M PROGRESS 032E 2/6 3,6
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      Page 36 Advertisements Column 3
      1464 36 j -j .T jrraTTMl IPKL SO" KSC MAG RIG PUS MI OSK NCT SIU ITO IU C« Ml NYC LHV Mm RDM IW «C PSD CW Ml UP>*| cun now to Pi 3 5 5 5 (/i J/5 It s 115 11/5 1)5 14/5 25 5 7 4 9 6
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      2601 37 H II sex: 'CALIFORNIA LUNA 65C eta sgp 04/05/94 H H flgfc II ARRIVING LOS ANGELES 21/05/94 IN 16 DAYS HI H II AEX *hakone maru ise* eta sgp 04/05/94 II M r H ARRIVING NEW YORK 28/05/94 IN 23 DAYS HI EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO:
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      Page 37 Advertisements Column 2
      1217 37 A MULTILINE SHIPPING PTE LTD (a member of SMSOV Group) CR NO: **********0 C ENQUIRIES: *****33 A BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL: 03-*****75/697
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      1589 38 K44 v AS AGENTS: "K" LINE (SIN6APORE) PTE LTD (CR NO: **********0M/GST REG NO: M 2-*****99-6) M TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I W I MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BHO U 4 TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T.
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      Page 38 Advertisements Column 2
      719 38 ©APPENSHIP /Q) HAMBURG V7V CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST J VESSELS LOADING TOUTS WSCHttGE/LOAOWG FOR SUMMER HAM 20/03 SPORE IN PORT PAKHOM MAKARENKO HAM 10/04 SPORE 21/05 ECUADOR HAM 27/04 SPORE 02/06 KOALA CONTAINER LINE S'PORE FIX HAM RTM LEH I BARBAROSSA
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      Page 38 Advertisements Column 3
      421 38 golden line^ GUAN GUAN SHIPPING ©Soi < PTE > LTD W 23. TtM Ufa Stmt SMCAKME 0104 IE *****11 (10 IMS) Fu: *****04 (CI N*. **********0*1) »TRAIT»/PE«»IAH CULF BEHVICE Spore P Kelang Penang GOIHN STM lUfactii Dubai Au«*t 1/10 Hjf < eaOCR KM Kiiath. OutMi Kua«t 24/2 C May CHIHA
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      925 39 Ssaaflff PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I CR NO: *****67Q000E VESSEL VOY SIN BKK SIN JJ 8 1 EQUATOR CRYSTAL 02N 30/4 3/5 7/5 tIH 1,« KOTA SABAS SBIBN 1/5 4/5 8/5 fUJJOA T ERATAI 4883 3/5 6/5 10/5 SRIMANEE (THAI FLAG)
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      Page 39 Advertisements Column 2
      985 39 vessels vor u mm hambubg Thames roiterdam »ntwrp HANSA CARRIER RO3N 01/05 23/05 26/05 27/05 29/05 WILE Dt CARMA CO3W 0./05 2. 05 30/05 31/05 01 06 03/06 W.LE DC SAGIITA SO3W 10/05 01/0€ 03/06 0* 06 05/06 01/06 VH.LC O'AQURA AO3W 10/06 12/06 13/06 1*- 06 K/0* •AISO ACCEPTING
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      Page 39 Advertisements Column 3
      871 39 BSA MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIj Pen P Gd| MANOAL AY V44W SLO In M MERGUI VI23W 02/04 May PAGAN V2O9W 30/02 Mjy HPA AN V2O2M 05/07 May MALAYSIA AGENTS BOUSTEAD SHIPPING AGENCIES KUL TEL 03-*****00 PKL TEL 03 *****67 PEN
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      1125 42 -|>_%=\}]{{^+}%?}+<>>")%'}.<[$, ;/fPICROATIA LINE A Jj (EX JUGOUNIJA) I r f VtSStl SPOKE PK PNG LOAtXWG FOB LOSINJ 09 MAY 11 MAY Alexandria. Beirut. Istanbul. Trieste. Koper. f lattakia. Limassol. Mersm. P Said. Riieka. Venice t SlOVtfiJA 25 MAY 28 MAY -do General Agents: EAST MOUNT AGENCY (PTE) LTD Singapore Kuala
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      172 42 /^NORBULI^ I NORBULK CARGO SERVICES LTD. .1 I REGULAR CONVENTIONAL I TIMBER AND PLYWOOD SERVICES MLAGRO 30/4 3/5 FLU/AWT/UK I ADAMASTOS 6/5 Sated FLU/ANT/PIAN/l* I I NORBULK TBN 30/4 DBN/EL I ALSO LOADS TG MANI ANOKK PK SWK/SABAH LOADING FOR NORBULK TEAK 8/5 HONGKONG/HUANGPU I SUBJECT TO CHANGE WITH/WITHOUT PRIOR
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      Page 43 Advertisements Column 1
      678 43 (it FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 01/5 ROTTERDAM 02/5 AARHUS/COPENHAGEN 01/5 HAMBURG/BREMEN 01/5 MARSEILLE/FRANCE 03/5 FELIXSTOWE/UK 01/5 BARCELONA/SPAIN 02/5 LEHAVRE/FRANCE 02/5 1 GENOA/ITALY 02/5 ANTWERP/BELGIUM 02/5 LOS ANGELES/WC/IPI 01/5 SYDNEY/MELBOURNE 30/4 NEW YORK/EC 01/5 FREMANTLE/ADELADE 30/4 VANCOUVER
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      1075 43 mmnmrmmrmmm m J jKß.aw.~-- ~mm—Bßga. 4 I —M M'M' M 2 =T= =51 VESSEL VOY SIN PEN H S *HUjj 4|S Fri ln_Pt Tjti 3/s__ DEJA BHUM 4569 Fri In Pt Sat 30/4 Ig|VEBBEL VOY SIN f« I ■hatha BHUM 278 S*. _30/4_ _Jua_ _3/5_ TH ANA BHUM JT In
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      818 43 f NATIONAL express j FORWARDERS (S) PTE LTD 133 NEW BRIDGE ROAD #14-02 CHINATOWN POINT SINGAPORE 0105 TEL *****86 (6 LINES) FAX: *****58 THE AMERICAN CONNECTION ETD ETD r—| S V /—I ETD ETD j SEATTLE 6/5 13/5 L J NEW YORK 8/5 15/5; OAKLAND 4/5 11/5 WILMINGTON 4/5 11/5
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      1731 44 UNEB) ®JV V 'cm Hoc UMWaoooM SIBU (064) *****9 KUCHINQ (082) *****3 ft t PENANQ: (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 J* P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 I HKG/TWN/BKK I GENOft/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 3/5 4/5 5/5 Hong Kong
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      210 44 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD HA ETA ll* STORE POUT KUMK PIMNG Btm ink i s liwdiru lor Mile MUVM HUOHU 2/5 Dtuhiigwg and Loading (of Boa bay [XXPUN 2/5 IN PI Loading For Mai? pmtiit sum* 1/5 Loading for Male UMMEDH 10 5 Loading For
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      1101 44 JL THONG SOON UNES PTE LTD /n\V\ 7 SHENTON WAY #10-01, SINGAPORE 0207 I V/ V/ TEL: 227-5088 FAX: 227-6011 I TLX: RS ***** CARRtR, RS ***** JENHOL CABLE: TOSOCO I 4 r»o*m moo* SINGAPORE TO SARAWAK VESSEL VOY S'POIE PEST VESSEL VOY S'PORE PEST EQUATOR 111 120/4E 29 APR
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      714 45 WSV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAM SERVICE *CC£PIMG BttMBUK SOC CMGttS TO/FROM KOBE YOKOHAMA. NAGOYA. 2* MOI. TOKYO*. UAM.A'. OAVAO* Penanj' P. Kelang Sinjapofe E Msia* KAMALEVERETT V2OE 01/02 May KARABCVERETT VI7E 25/26 May IVYEVERETT V9E 15/16 lun 17/18 )un ACCEPTING BREAKBU.K fCI SOC CARGOES TO FROM CHITTAGONG, CALCUTTA I
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      247 45 VftL GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN X 28/4 4/5 13/5 GLORY SELATAN VIII 18/5 20/5 26/5 SP PKL HCM HK KAO GLORY SELATAN VI 15/5 ACCEPTING HEAVY LFT/BREAKBULK
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      473 45 EGYPTIAN NAVIGATION P COMPANY ALEXANDRIA (EGYPTIAN GOVERNMENT LINE) EAST MED/RED SEA COWVEKTIOHAI SCBVKS VES9L HOT STOM 10MWK FOK PACVIC TRMXRS 15 5 fISUIZf!S«)M.II wso »ccif t [asi MmumucM mis oh muceknt PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE VESSU WOT SIN KARACHI MAKRAN 147 HW 11 05 21/05
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      1026 45 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS VESSEL SIN CMJRBAN P ELIZABETH CPT LOS VIHE/9B 11 05 24/05 25/05 27/ OS 12/06 SHUN HE/103 26/05 09 06 10/06 12/06 27 06 TAO HE/84 11 06 24/06 25/06 27 06 12/07 JIAN HE/84 26/06 09/07 10/07 12/07 27/07 HUIHE/106
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      820 46 PHILI-ORKNT UN€5 P7€ LTD 1 08 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 P. Kelang: 03-*****98 Penang: 04-*****6 (CR CODE: 1Q*****0000H)^ S3 XT A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND FCL/LCL SERVICE 1 MAY SYDNEY, MELBOURNE. BRISBANE. FREMANTLE 30
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      415 46 y Conlerm CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 07 MAY (Accepting to all New Zealand porta) PENANG 02 MAY JAKARTA 01 MAY PORT KLAN6 00 MAY BANGKOK 01 MAY MANILA 01 MAY SURABAYA 03 MAY MELBOURNE 01 MAY SYDNEY 01 MAY FREMANTLE 10 MAY BRISRANE 01 MAY ADELAIDE 13 MAY
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      Page 46 Advertisements Column 3
      367 46 Next Week's Sailings Singapore I rrrr: kirst forwarder in To: EID Io: KID asia awarded Singapore Singapore ls<) 9002 BV LRQA EVERY EVERY t Bangkok SUN Jakarta SUN QDi EVERY EVERY Manila SUN Ho Chi Minh FRI IP) g EVERY EVERY SEEm Colombo TUE Limassol THUR I l| INTERNATIONAL SEA
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      Page 46 Advertisements Column 4
      21 46 Calling: FAR EAST, INDIA, AUSTRALIA, NEW ZEALAND, EUROPE, MIDDLE EAST, U.SJL car CMT Liner Express Agencies Pte Ltd Hot Line: 22-007-22
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      1688 47 ISEAMAORGENTINMJN^^^n CONTAINERISED "HUB" SERVICE DIRECT TO ARGENTINA/BRAZIL URUGUAY I BASE POUTS Vl* BUENOS AWES VIA SANTOS VESSELS VOY SPORE B.AIRES SANTOS USWJAIA M'VWCO ASUNCION ROE JANEIRO I PAR ANA OtlA GREAT UNIVERSE 01W 12/05 10/06 14/06 12/06 13/06 17/06 I 18/06 DCSTMO* 01W 07/06 02/07 13/07 07/07 04/07 05/07 16/07
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      352 47 CEYLON SHIPPING CORPN Hag?) National line of Sri Lanka CONTAINERISED SERVICE TO LK AND NORTH CONTINENTAL PORTS msai "ToT SO Hen "m?T 'thuks LW» m*ksik nmctss win x 03 n st* WKg 417 Www w w nohasia w muhim win 11 n it os gg«j» SMKWIMO MH3 1» 85 73
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      555 47 LIN E SEMI-CONTAINERISED SERVICE EASIBOUND SCHEDULE N0.34 Ipowts voy bucnos Montevideo dors an] laka*?* sago** Yokohama VESSEL* AMISw. »wimiu»4 tao* mto sailed sailed sailed sailed 24 04 28 30 04 IT F*w<oasK Eaoa «m> sailed saileo 27,04 02 os ocosos 10 it,os PAVLOGIUD flO 2* 03 07/Q4 SAILED 20 048
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      486 48 —Pi NORTH PHILtPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA VIGOUR LUZON 9418N 29/04 (FRI) 07/05 (SAT) VIGOUR PACIFIC 9418 AN 03/05 (TUE) 07/05 (SAT) VIGOUR ATLANTIC 9418N 06/05 (FRI) 11/05 (WED) FRIOAi AND TUESDAY OPTIMA 9401N 10/05 (TUE) 14/05 (SAT) 80UTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE 1
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      Page 48 Miscellaneous Column 1
      704 48 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 )R 3 2 3.3 3.1 2 7 2 0 1.3 0.7 0.4 0 2 0.2 0.5 1.2 1.9 2 4
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      846 49 A HYUNDAI I MERCHANT MARiWECOLTg. WESTBOUND TO EUROPE BKG: *****61 Ptu° put* PCO* VESSELS VOY I StN RTM ANT° LEW HAM BREj FEL 27/04 29/04 30/04 SL FREEDOM 310W 02/05 20/05 21/05 23/05 21/05 21/05 24/05 04/05 06/05 07/05 H. COMMANDER 309W 09/05 27/05 28/05 30/05 28/05 28/05 31/05 11/05
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      503 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VISSIL VOT SP M HOC II HOUSHUN V 39 JO/4 1/S 3/5 Nil 5 5 SMI MCOIA Ml SID iiMUM mm 1/5 1/5 OUTBOUND VESSELS LOAPINC FOR TOKYO COSMIC LEADER V 44 SP t/i PK 4/5 LOAPINC FOB SENBOKO/NACOVA
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      Page 49 Advertisements Column 3
      1005 49 JEDDAH/UK/CONTINENT Is-POK to S TON HW*G It DAM UH Aho Acceptnf Cajo For DANUBI 13/117 4/5 21/5 24/5 26/5 Southampton to il UK dnteulmv BHt«t ind Dubta STUTTGART EXPRESS 03/317 7/5 16/5 25/5 2S/5 30/5 1/6 Aottwdan to il Antmrp Aimtndan Odo Htferiu MCA 35/ lit 11/5 2S/5 31/5 2/6
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